December 20, 2008

WB to get Rs 800 cr investment in solar energy sector


KOLKATA:December 19, 2008 -- Three solar energy sector players, including Bhaskar Polysilicion and Heritage Group, will be collectively investing Rs 800 crore in the state for manufacturing of photovoltaic material.

"Bhaskar Polysilicion, Heritage Group and an IT firm are collectively investing Rs 800 crore in the state for manufacturing of photovoltaic material," West Bengal Green Energy Development Corporation Managing Director S P Gonchoudhuri said here today.

Gonchoudhuri, who was talking to reporters on the sidelines of a seminar organised by the Indian Chamber of Commerce, said this would certainly make the state the hub of photovoltaic material production in the country.

Bhaskar Polysilicon would invest Rs 500 crore to put up a facility for manufacture of silicon ingots at Haldia in East Midnapore district, where it has already acquired 200 acre, he said.

Heritage Group would invest Rs 100 crore to manufacture silicon modules over a 25-acre facility at Falta in South 24 Parganas district, Gonchoudhuri said and added "an IT firm would also put in Rs 200 crore to make silicon wafers at Dankuni in Hooghly district", without naming the company.

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