One of India’s leading industrial conglomerates – Adani Enterprises – is scheduled to being construction of its solar module manufacturing unit later this year.
Adani Enterprises recently stated that it plans to begin the construction of phase one of the planned 2 GW solar equipment manufacturing factory this year. The first phase is expected to be operationalised by March 2017 and will have production capacity of 1.2 GW; a second phase is expected to be operational by June 2017 increasing the production capacity to 2 GW.
The planned facility will produce polysilicon, wafers, solar cells and modules. Adani had last year signed an agreement with SunEdison to set up the largest solar module manufacturing facility in India. The two companies had agreed to invest $4 billion on the project.
Recent media reports has stated of a third phase for the production facility. The company will reportedly start polysilicon production upto 10,000 tonnes in the third phase.
Modules manufactured at the facility are likely to be absorbed in the company’s own projects and may be sold to other developers in the country and even sold to other markets. Adani Enterprises signed an agreement with the government of Rajasthan to set up 10 GW solar power park.
Last month, Adani Enterprises submitted an application with the Ministry of Environment and Forest for approval to set up 1 million tonne/year copper smelter. While the company did not specify the purpose of setting up the venture, media outlets quotes unnamed sources saying that the copper smelter would feed into the company’s solar module manufacturing units.