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Govt proposes Rs 1,000 cr polysilicon facility
By siliconindia
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Friday, 03 August 2007, 19:30 IST
Bangalore: As an aim to boost solar cell and semiconductor manufacturing in the country, the government has proposed to set up a 2,500 tonne polysilicon facility during the 11th five year plan.
The location of the polysilicon facility will be selected by the stakeholders of the project, which is estimated to attract Rs 1,000 crore investments, from private and public sectors.
After presenting the India Semiconductor Association's Technovation Awards R Chidambaram, principal scientific advisor, central government, said "Worldwide, there is an acute shortage of silicon and the waiting period for this material has gone up to two years. India needs solar cells in a big way to meet the energy requirements in the coming years. This planned poly silicon facility will provide impetus to the solar energy sector and semiconductor industry."
According to Chidambaram, the demand for silicon, the primary raw material for solar cell manufacturing, has gone up. "We want a dedicated polysilicon facility for the country's requirements. Once approved, the facility will become operational in two years," he added. A number of companies have already shown interest in the project.