NEW DELHI, June 21 (UPI) -- India's private firm T.F. Solar Power is planning to set up a solar PV unit in the country and has sought government incentives.
The company has approached the government for incentives under the policy on semiconductor fabs and other micro and nano technology manufacturing industries.
With this latest application, the tally of proposals received under the Special Incentive Package Scheme has gone up to 11, the New and Renewable Energy Ministry said Friday.
The ministry said the government has received SIPS applications from Videocon Industries, Moser Baer PV Technologies (total capacity 1.3 GW), Titan Energy System (500 MW of cell modules and wafers, and 250 MW for poly-silicon), KSK Energy Ventures Pvt. Ltd. (50 MW proposed to be increased to 700 MW over 10 years), and Signet Solar Inc. (1 GW per year output).
The largest investment plan under SIPS has come from Mukesh Ambani-promoted Reliance Industries Ltd., which recently submitted two proposals worth over $2 billion for establishing a semiconductor wafer fab along with an Assembly Test Mark and Pack unit, and a solar PV module unit (with PV capacity of 1GW), in the country, The Business Line newspaper reported Friday.
