Birla Surya will invest INR54 billion or US$1.201 billion over the next five years to develop an integrated solar manufacturing unit in Maharashtra, India.
The company intends to build a 60MW fabrication unit to produce multi-crystalline silicon wafers and a 125MW plant to manufacture solar photovoltaic cells.
Birla Surya will invest about INR14.93 billion or US$332.19 million during the first phase of construction.
The new manufacturing unit is expected to start production by December 2011, reports the Economic Ti
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