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Chhattisgarh signs MoU for Rs 290 crore solar cell plant

According to reports, in its endeavour to promote innovative industrial projects aligned with national priorities, Chhattisgarh government on Monday signed a memorandum of understanding with M/s LancoInfratech Limited, a subsidiary Lanco Solar Private Limited, for manufacturing 100MW of solar cells annually.

The proposed Rs 290 crores project, slated to come up in chief minister Raman Singh’s home constituency of Rajnandgaon, is said to be the first Poly-silicon and Wafer manufacturing facility in India. The project is expected to generate direct employment for about 150 people.

According to officials of the industry department, the 100 mw cell line facility is part of the integrated manufacturing solar plant of Lanco, which currently manufactures PV modules and has polysilicon and Wafer Plant under construction. The plant is expected to be functional by January 2017.

The integrated facility, once operational, will manufacture PV modules from polysilicon, which would further induce an investment of more than Rs 2,000 crore and create over 2000 direct and indirect employment opportunities in the state, claimed officials.

Speaking on the occasion of the MoU signing, chief minister Dr Raman Singh said during the last decade progressive “industrial policies and ease of doing business in Chhattisgarh have attracted “lots” of investment in the state and many corporates are being part of the state’s growth. He said the state is committed to make National Solar Mission a great success and achieve 100GW of Solar power target in the country by 2022.

The MoU was signed between the state’s secretary commerce & industries, Subodh Kumar Singh and president, M/s Lanco Infratech Limited, Raj Kumar Roy in the presence of Dr Singh. Chief secretary, Vivek Dhand, executive chairman of Lanco Infratech Ltd L Madhusudhan Rao, Principal Secretary to CM, Aman Singh, joint secretary to CM, Rajat Kumar were also present on the occasion.

The project would be set up in the 250 acre Solar Special Economic Zone (SEZ) in Rajnandgaon. The Solar SEZ in Rajnandgaon, which is being developed under the National Solar Mission, proposes to have “plug and play” facilities for solar component manufacturers with the objective of achieving domestic PV cell production of 2200 mw/year. Under National Solar Mission, 30% of solar components are to be manufactured domestically and with this kind of state-of-the-art infrastructure in SEZ in Rajnandgaon, Chhattisgarh would be able to attract more innovative projects bringing whooping investments and employment opportunities in the state, say officials.

Officials said solar equipment manufacturers from across the globe have shown their keen interest in starting their facility in the SEZ following the government’s efforts to reach out to them through their embassies in India. Commenting on the state government’s initiative chairman, LancoInfratech, L Madhusudhan Rao, said, the company welcomes Chhattisgarh’s initiative for accelerating the development and green energy mission by inviting participation from foreign players who will not only bring in technological know-how but will also create employment opportunities.

According to officials, as per the MoU, the state government would provide the required infrastructure and other support to the company and ensure skilled manpower for it.

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