Indosolar Ltd. said it had signed the single largest solar cell supply contract of 60 MW under the Domestic Content Requirement (DCR) of Jawaharlal Nehru National Solar Mission with Azure Power India Pvt. Ltd., reports said.
Indosolar Chairman B K Gupta has concluded the definitive agreement with Azure Power CEO Inderpreet Wadhwa.
The company said the supplies would commence shortly and would be completed early Q1, 2015, keeping in mind the time-line of the National Solar Mission.
“This first mega deal to supply high efficiency cells of 17.4 percent average efficiency made at our state-of-art facility, is the start of the revival of large scale domestic manufacturing in India,” Gupta added.