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Lanco Infratech Ltd., an Indian energy and infrastructure company, plans to build a plant in Chhattisgarh to produce purified silicon, cells and other components for solar photovoltaic facilities.
The plant in Rajnandgaon district will have a capacity of 250 megawatts a year and will produce ingots, wafers, photovoltaic cells, modules and polysilicon, the company said in an e-mailed statement.
The first phase of the project will require an investment of 13.7 billion rupees ($300 million) and will start production by 2012, it said.
The plant will be located within a special economic zone, a type of duty-free enclave intended to promote trade by providing special infrastructure and support services.
The company’s Lanco Solar Holdings unit also builds projects and provides construction and contracting services. The unit plans to build as much as 300 megawatts of its own capacity over the next two years and contract work for up to 500 megawatts of solar thermal and photovoltaic plants in India, Europe, the U.S. and Canada, it said.
Lanco Solar has signed power purchase agreements for a 5- megawatt photovoltaic plant and 100-megawatt solar thermal plant in Rajasthan state, as well as a 35-megawatt photovoltaic plant in Gujarat state, according to the statement.