Lanco Solar has signed an agreement with the Chhattisgarh Government for the setting up of a 100-MW solar cell manufacturing plant and attracting domestic and global players in setting up solar PV projects in a special economic zone.

The subsidiary of the diversified Lanco Infratech, Lanco Solar, which re-started the work on its manufacturing unit in July 2015, has thus far invested Rs 1,200 crore on its poly-silicon refining and wafer plant and a 150-MW module plant.

The project is being set up on a 250-acre special economic zone (SEZ) at Rajnandgaon in Chhattisgarh under the National Solar Mission objective of achieving domestic PV cell production of 2,200 MW/year. The project has all mandatory clearances and committed water and power supply.

The MoU was signed by the Chhattisgarh Industry Secretary, Subodh Singh, and Lanco Solar President Raj Kumar Roy in the presence Raman Singh, State Chief Minister.

L Madhusudhan Rao, Executive Chairman, Lanco Infratech, in a statement said: “We welcome Government’s initiative of accelerating the development and green energy mission. The plant is centrally located for entire Indian market. This will be a showcase project being the first poly silicon and ingots and wafers manufacturing facility coming up in India which will bring Chhattisgarh on global silicon map. At the same time, it plays anchor Industry role to attract investments in other solar PV manufacturing units within this plug & play SEZ zone.”

“Chhattisgarh and Lanco have decided to jointly invite companies for setting up solar PV manufacturing facilities in this SEZ,” Rao said.

Lanco Infra is among the leading EPC contractors in the solar segment and the backward integration project would help it play an end-to-end solar segment solutions provider.

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