Canasia Power Corp.

Canasia Power Corp.

December 22, 2009 10:27 ET

Green Orders for Canasia Power

TORONTO, ONTARIO--(Marketwire - Dec. 22, 2009) - During the Ontario Clean Tech Mission to India, December 6 - 11, 2009, led by Premier Dalton McGuinty and Minister of Economic Development and Trade Sandra Pupatello, Canasia Power Corp., a Toronto-based energy solutions provider, entered into a Memorandum of Understanding with the joint venture of Admira Distributed Hybrid Energy Systems Inc., a Mississauga-based energy efficiency company, and Bhagawati Gases Limited, a Noida, India-based manufacturer and supplier of industrial gases and on site plants. The Companies will collaborate to design, develop, finance, construct and commission renewable "Clean" energy projects and/or systems, energized and powered by Canasia, starting with solar energy applications. The Memorandum of Understanding targets 50MW of solar/renewable energy applications in various projects and/or systems to be identified and approved, totalling approximately $200 Million in capital investment in India's renewable energy sector.

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