Lauren Jyoti has secured a Rs5.51bn ($115.1m) contract from Godawari Green Energy to build a 50MW solar thermal power plant in Rajasthan, India.

The plant will provide power to the state grid by May 2013.

Lauren Jyoti is a joint venture between Jyoti Structures and Lauren Engineers and Constructors, a wholly-owned subsidiary of Lauren US.

Jyoti Structures has acquired a 50% stake in Lauren Engineers, pursuant to the JV deal.