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Moser Baer kick starts trial run of photovoltaic facility

New Delhi, Mar 2 (UNI) Moser Baer India Ltd today said its subsidiary Moser Baer Photo Voltaic Ltd (MBPV) has completed final line integration and trials on its initial 40 MW crystalline photovoltaic cell production facility.

The company targets to achieve 80 MW of capacity in the second half of this year. The new facility will provide inherent flexibility to use five and six inch wafers in both mono and multi-crystalline formats, MBPV CEO Ravi Khanna said.

MBPV will rapidly increase deployment of thinner wafers and set industry benchmarks in production efficiencies in line with its strategy to emerge as one of the most efficient manufacturers in the photovoltaic space, he said.

The global photovoltaic market is estimated to clock sales worth 40 billion dollars by 2010, six times bigger than its present size.

MBPV recently tied up with Deutsche Solar, one of the leading global silicon wafer manufacturers, and part of the Germany-based Solar World AG Group for supply of silicon wafers.

UNI

Indian Bank revises FCNR (B), NRE interest rates

New Delhi, Mar 2 (UNI) Indian Bank today said it has revised interest rates on FCNR (B) and NRE deposits effective from yesterday. For FCNR (B) deposits, the revised interest rate has been fixed at 4.99 per cent for deposits of one year and above but less than two years; 4.80 per cent for two years and above but less than three years; 4.73 per cent for three years and above but less than four years; 4.72 per cent for four.....

War decorated heroes unhappy with government assistance

Chandigarh, Mar 11 (UNI) The war heroes of the country fade away from memory during peace time and their exploits on the battlefield remain confined to their regiment and units. ''The acts of valour of a soldier on the war front or the sufferings of a martyr's widow are forgotten as time goes by'', Brig (retd) Sant Singh, President of War Decorated India and the only surviving double Maha Vir Chakra (MVC) said today while interacting with the media. The.....

AI-Indian merger will create world-class airline: Patel

New Delhi, Mar 2 (UNI) Civil aviation minister Praful Patel told parliament today that the objective to merge Air India (AI) and Indian is to create a world-class airline in close cooperation with all their employees. Both national carriers share a proud legacy of being pioneers of civil aviation in the country, he said in a statement, a day after the union cabinet approved the proposal to merge them. In the past decade, said Mr Patel, their market position has.....
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