Tower company Bharti Infratel will soon invite bids for buying solar energy solutions worth US$ 300 million from international suppliers for powering about 8,000 sites in its bid to cut diesel costs, reports the Economic Times.
Sweden’s Flexenclosure AB, China’s Huawei and ZTE are among the key providers of environment friendly energy solutions and are likely to pitch for the upcoming tender. It is not known if Bharti will opt for multiple vendors or go with a single one.
Bharti Infratel is the hived off tower arm of Bharti Airtel and operates in seven of the 22 regions in the country with about 33,000 towers and is slated to invest in an additional 4,000 units this year. Bharti refused to reveal tender specifics or comment on Infratel’s upcoming investment plans.