New Delhi, Jan. 27 -- Hazoor Multi Projects Ltd (HMPL) on Monday, January 27, announced that the firm is moving into a new business segment, the green energy business, with the development of Maharashtra's first solar park, according to the exchange filing.

The company is developing the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP) as an initiative in collaboration with a multinational company from the United Kingdom (UK).

"The ambitious 1.2 GW capacity solar park will be located across 4,200 acres in Solapur district," said the company in the BSE filling.

According to the filing data, each solar panel at the park will feature a 750-watt capacity to ensure energy efficiency.

"The development of Chhatrapati Shivaji Maharaj Saur U...