Lanco Infratech has unveiled plans to build a manufacturing facility in Rajnandgaon, India to produce purified silicon, cells, modules and polysilicon. The first phase of the project will cost around INR13.7 billion (US$300 million) and production is scheduled to begin in 2012; annual capacity of the plant is 250MW.
The plant will be located within a special economic zone in the state of Chhattisgarh, which has been established to promote trade and investment through a mixture of tax incentives, tailored infrastructure and other government support.
The company’s Lanco Solar Holdings unit also builds projects and provides construction and contracting services. And, over the next two years, the holding company plans to add 300MW to its own solar thermal and PV portfolio and provide contract work totaling around 500MW for plants in India, Europe, the U.S. and Canada.
Lanco Solar has also signed power purchase agreements for a 5MW PV plant and a 100MW solar thermal plant in Rajasthan, and a 35MW PV plant in Gujarat state.