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Essel Group, JA Solar JV to set up Rs 950 crore facility in India

Industry Engineering

Essel Infraproject Ltd (EIL), an infrastructure arm of the Essel Group along with JA Solar (JAS) of China is planning a solar cell and modules manufacturing unit in India. Approximate cost of the project is around US 150 million (Rs. 950 crore) out of which USD 30-45 million (Rs. 190 to Rs. 285 crore) will be by means of equity funding. 
Extracted from ET, May 18,’15

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