Lanco will reportedly invest some 30bn rupees ($550m) intothe cell facility, with US-based GT Advanced in the frame to kit out thefactory with its ingot furnaces.
Commercial production will commence from mid-2014, withLanco hoping to export at least 15% of output, according to local media.
Lanco – one of India’s largest integrated infrastructurecompanies and a key player in the country’s fast growing solar sector – alreadymaintains a PV module-assembly plant at the Chhattisgarh site.
Lanco
