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RIL finalises Jamnagar for Fab City project

Monday, 29 Sep 2008
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Reliance Industries has finalised Jamnagar in Gujarat as the location for its mega Fab City project. The company is plans to ink an agreement regarding the purpose during the upcoming Vibrant Gujarat Global Investors Summit, to be held in January 2009.

The company is in talks with the state industries department for the project, which will require an investment in the region of Rs.10,000 crore. Work on Phase I, which will require an investment of over Rs.8,000 crore is likely to start soon. In the first phase Reliance has also chalked out plans to set up an assembly, test, mark and packaging (ATMP) facility at Jamnagar over a period of three years. The company will manufacture polysilicon, single crystal/multi-crystalline ingots and solar-grade wafers. The plant is expected to create over 10,000 job opportunities for skilled and unskilled workers. The investment in fabrication unit could mainly be for solar panels.

RIL is setting up a sand-to-silicon complex in Jamnagar wherein the product range could be from photovoltaic modules to high-end chipsets for the electronics industry. Reliance has evinced interest setting up a greenfield PV cells unit in Jamnagar. The state government has already been given letter of intent of 5 MW from 10 MW quota allotted by the Centre to each state.

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