Reported from India, “Thermax, a Pune-based capital goods manufacturer, is set to partner Icelandic firm Reykjavík Geothermal to set up a geothermal power project in India. A pilot 3 MW project is slated to be set up in Puga Valley in Ladakh, which is likely to be the...
aced with a dearth of projects, Icelandic engineering companies have increasingly been looking overseas for work. They are being supported by the government and even by the President directly, to win projects for tapping geothermal energy abroad.
Reykjavik Geothermal also announced the intention to establish a headquarters in Masdar City. The company is currently active in Iceland, India, Kenya, Nicaragua, Russia, Rwanda and the United Arab Emirates.
Reykjavik Geothermal & Ambata Capital say they plan to jointly develop & operate utility scale geothermal power generation in the Middle East & Africa.