Moser Baer to set up thin film project through SPV

Saturday, March 17, 2007, 13:52 [IST]

New Delhi, Mar 5 (UNI) Moser Baer India Ltd today said it will set up a thin film project for its photovoltaic business through a special purpose vehicle.

The SPV, to be incorporated for the purpose, will fund the proposed thin film project through debt and third party sources.

The company received approval of its Board of Directors for the project.

The company's wholly owned subsidiary Moser Baer Photo Voltaic Ltd (MBPV) last week announced that it has successfully completed the final line integration and trials on its initial 40 MW crystalline photovoltaic cell production facility.

The company aims to achieve 80 MW of capacity in the second half of 2007.

UNI

Topics: TECH-MOSER BAER-SPV

Other articles published on March 17, 2007

Trishakti Electronics to receive 4% commission from China's Liaohe

Saturday, March 17, 2007,13:52 [IST]

New Delhi, Mar 5 (UNI) Trishakti Electronics and Industries today said it will receive a four per cent commission over a 54 million dollars contract bagged by China's Liaohe Petroleum Exploration Bureau CNPC Group Company from ONGC. The company acted as an active agent for Liaohe Petroleum to receive the contract for 3d Data onland acquisition for Oil and Natural Gas Corporation Ltd's (ONGC) four blocks. Meanwhile, the company has been allotted one acre of developed land by Kolkata's.....

FM warns excise duty evaders

Saturday, March 17, 2007,13:52 [IST]

New Delhi, Mar 7 (UNI) Warning evaders of excise duty, Finance Minister P Chidambaram today said the focus of government's efforts in the current fiscal will be on mopping up resources from this source. ''While revenues from Corporate Tax and Sevice Tax have shown a decent growth, those from excise duty have not been up to the mark,'' Mr Chidambaram said inaugurating the Electronic Accounting System for Excise and Sevice Tax(ESOEST) here. EASIEST is a government initiative which facilitiates capture.....

Limitless Updates

India News

News Archives

Four new breeding centres for threatened vulture soon

Saturday, March 17, 2007,13:52 [IST]

New Delhi, Mar 5 (UNI) Four new vulture breeding centres will soon be set up in different parts of the country. The big bird is threatened with extinction in India and other countries of the sub-continent. The places where the centres will be set up are Sakhabagh (Juna garh), Nehru Zoological Park(Hyderabad), Nandankan Zoological Park(Bhubaneswar) and Van Vihar National Park(Bhopal), Dr A S Gupta of the Central Zoo Authority told UNI. The grant for the projects has been sanctioned and an.....

(Repeating yesterday's DI 14 for all needing)

Saturday, March 17, 2007,13:52 [IST]

New Delhi, Mar 4 (UNI) India will be at the centrestage of the ITB-Berlin as it hosts the opening ceremony of the world's largest travel and trade show to be held in Germany during March 6-11. India Tourism has been chosen as the "partner" state for this year's edition of the annual global tourism extravaganza. Tourism Minister Ambika Soni and top officials of her ministry will lead a delegation which will have 100 artistes and artisans. India will showcase a mock.....

Bihar's economy on way to tertiarisation

Saturday, March 17, 2007,13:52 [IST]

Patna, Mar 7 (UNI) The economy of Bihar is witnessing a process of tertiarisation as the share of tertiary sector has increased from 41.3 per cent to 49 per cent in the last decade as per the Economic Survey report, 2007. The Economic Survey tabled in the Assembly yesterday, by Deputy Chief Minister Sushil Kumar Modi, who also holds the Finance portfolio, stated that the increase in the share of the tertiary sector shows that the state`s economy is in the.....