Moser Baer Photo Voltaic is in talks with two-three states including Tamil Nadu for a post-2008 expansion blueprint that will entail an additional investment outlay of Rs.2,000 crore at a new site.

The site is expected to be finalised shortly as the company is evaluating potential manufacturing sites on parameters such as logistics (proximity to ports), manpower, and state government incentives.  While the company's existing manufacturing location in Greater Noida envisages 400 MW-plus of capacity plans, it has to look at an additional site for capacity expansion beyond that level.

The company is also looking at the possibility of acquiring additional land in Greater Noida itself, although there are risk mitigation issues to be considered.

MBPV had recently announced the completion of the first phase of its 80 MW silicon crystalline project (40 MW is up and running), and expects the second phase of Greater Noida project to be commissioned early-2008.

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