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Moser Baer plans solar fabrication facility at Greater Noida

Tuesday, 06 Mar 2007
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Moser Baer is planning to invest $250 million (around Rs.1,125 crore) in the next three years to set up the largest thin-film solar fabrication facility, to be located next to the company's solar photovoltaic plant in Greater Noida.

The company has already entered into a technological pact with a US-based company Applied Materials for this purpose. Of the $250 million, nearly $100 million (Rs.450 crore) will go towards the initial 40 MW capital expenditure.

The thin-film, which Moser Baer intends to produce, will have an area of 5.7 sq.mt and will be the world's largest as the current industry benchmark is 1.5 sq.mt.

Also See:

Moser Baer plans Rs.79 crore PV cell unit (30-Aug-06)

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