De Raj Group AG (AT)
De Raj Group AG: De Raj Group Will Build 88 MW photovoltaic power plants in the Ukraine
DGAP-News: De Raj Group AG
/ Key word(s): Agreement/Sustainability
De Raj Group Will Build 88 MW photovoltaic power plants in the Ukraine
Germany, Cologne, 26 September 2019: De Raj Group AG (ISIN: DE000A2GSWR1, Vienna Stock Exchange), announces the signing of an Agreement with STC Energy Limited Liability Company (STC), Ukraine. Under the Agreement the companies will construct 6 Solar Power Stations across the Kiev region and supplying electricity to the State Company (Energorynok), Ukraine. These photovoltaic power plants, will have a total production capacity of 88.371 MW. This investment in Ukraine along with other ongoing negotiations in Hungary, India and South East Asia will further fuel its strategic expansion into renewable energy projects across Europe and globally. STC is one of the largest renewable energy developers in Ukraine. The company has strong positions in the renewable energies industry. STC develops, builds, operates and maintains renewable energies projects, both for itself and for third parties. According to Mr. Vaidyanathan Nateshan, the Group CEO of De Raj, these plants in Ukraine are a significant step forward in the development of the company’s strategy to build a Green Investments portfolio as a growth driver. Ukraine actively supports renewable energy and the numbers of projects in the field of solar energy. In Ukraine these projects will continue to grow, because of the fixed rate of the “green” tariff which will help to receive a relatively fast return on investment with minimal risk. About DE RAJ De Raj Group provides oil and gas services and renewable energy solutions to companies in Asia and Europe. The company provides various solutions for the monetization of oil and gas fields to national oil companies, oil field owners, and other technology companies. For more information please visit the corporate website: https://www.thederajgroup.com De Raj Group (ISIN: DE000A2GSWR1) had initial listing at the EU-regulated Vienna Stock Exchange (IPO held in February 2018). De Raj Group shares are traded on the Open Market in Frankfurt / Main and XETRA since 23 March 2018. For further information please contact De Raj Group AG, Investor Relations, mailto: ir@thederajgroup.com
26.09.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | De Raj Group AG |
Robert-Perthel-Str. 79 | |
50739 Cologne | |
Germany | |
Phone: | +49 221 95 93 70 26 |
Fax: | +49 221 95 93 70 27 |
E-mail: | ir@thederajgroup.com |
Internet: | www.thederajgroup.com |
ISIN: | DE000A2GSWR1 |
WKN: | A2GSWR |
Indices: | WBI Wiener Börse Index |
Listed: | Regulated Unofficial Market in Frankfurt; Vienna Stock Exchange (Official Market) |
EQS News ID: | 879245 |
End of News | DGAP News Service |
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