India PV rules spark 300MW factory

The next NSM tender will reserve a significant chunk for domestic content

The next NSM tender will reserve a significant chunk for domestic content

India’s Lanco Infratech will build a 300MW PV cell plant in Chhattisgarh state, following confirmation from Delhi that there will be a significant carve-out for domestic manufacturers in the next solar tender round.

Lanco will reportedly invest some 30bn rupees ($550m) into the cell facility, with US-based GT Advanced in the frame to kit out the factory with its ingot furnaces.

Commercial production will commence from mid-2014, with Lanco hoping to export at least 15% of output, according to local media.

Lanco – one of India’s largest integrated infrastructure companies and a key player in the country’s fast growing solar sector – already maintains a PV module-assembly plant at the Chhattisgarh site.

Lanco has been among the most vocal proponents of the inclusion of stiffer domestic content rules in Log in to read complete article.

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