Rich May: News

October 2009

Rich May Client Astonfield Renewable Resources Limited Wins Excellence Award

Rich May Client Astonfield Renewable Resources Limited (“Astonfield”) has been awarded an Excellence Award by the Institute of Economic Studies in India (“IES”) for its outstanding contribution in the renewable energy sector in India. The government-sponsored agency also awarded the Udyog Rattan Award to Sourabh Sen, Co-Chairman of Astonfield, for his exemplary work in the field of Economic Development. These awards were presented on October 8th during an IES seminar on Economic Development, held at the India Habitat Center. Mr. Korn Dabbaransi, Former Deputy Prime Minister of Thailand, inaugurated the Seminar, which was attended by numerous dignitaries, officials and prominent personalities from India’s business and political sectors.

“I am very pleased and humbled to receive this award from such a well-respected entity,” said Mr. Sen. “The team at Astonfield and I have worked tirelessly to make utility-scale renewable energy power projects a reality in India, and though we still have a way to go, it is nice to be reminded to look back and see how much progress has been made.”

Astonfield has successfully formed relationships with top-tier engineering, finance, and project partners in order to develop and implement prominent, world-class projects. Astonfield selects the best partners for each specific project, fostering relationships that give primary consideration to the public interest. Astonfield aims not only to fulfill its commitments in India, but also to provide an example for the world community to follow.

About Astonfield Renewable Resources Limited
A member of the Astonfield Group of Companies, Astonfield Renewable Resources Limited (Astonfield) was founded in 2005 and aspires to satisfy the growing energy needs of rapidly developing regions such as the Indian Subcontinent, Middle East and Africa through a foundation of clean, locally sourced and readily available energy. Astonfield is the only pure play, multi-modality renewable energy company focused on the Indian Subcontinent with proven technology solutions for solar, biomass and municipal solid waste-to-energy based power.

To-date Astonfield has a multi-modality pipeline of over 600MWs in development. Solar PV projects make up more than half of this pipeline, with 228MWs of MOU/allocations and clarity on an additional 250MWs of contracts. Astonfield has secured government support to build, own and operate renewable energy power plants totaling 338MW of capacity. The company currently has project allotments and/or active business development operations in a total of eight different states across India. For more on Astonfield, visit http://www.astonfield.com.

About Rich May
Rich May, a law firm founded in 1937 and located in the heart of Boston’s financial district, concentrates its practice on corporate, financial, civil litigation, energy, real estate, entertainment and wealth planning matters. The firm’s clients include a broad group of businesses in New England and throughout the country. Rich May provides the breadth and depth of expertise generally associated with large, national firms, while maintaining the prompt, personal service found in smaller, regional firms. Our clients have direct access to experienced attorneys who are familiar with both the client and the area of inquiry and can provide timely and practical legal solutions.

Rich May has been elected and admitted as a member of the International Alliance of Law Firms. This membership, which provides affiliations with 53 firms in 37 countries, supplements our ability to assist clients throughout North America and overseas.

For more information, visit www.richmaylaw.com.