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