Bengaluru-based ITI Limited, the country’s first post-Independence PSU and telecom manufacturing company, has received Letter of Intent (LoI) worth ₹37.5 crore from the Bihar Renewable Energy Development Authority (BREDA) for installating solar street light systems.
According to a media release from ITI, the Central PSU’s Naini unit has received LoI for design, supply, installation, testing, and commissioning with comprehensive maintenance contract (CMC for five years), to be installed under the supervision of BREDA.
The major components of the systems are solar PV module, solar batteries, LED luminaries, mounting structures, balance of system (BOS).