Saturday, April 7, 2012

BHEL plans to expand solar PV manufacturing line

Power equipment maker Bharat Heavy Electricals Ltd (BHEL) is expanding its solar photo-voltaic module manufacturing unit with an investment of Rs 20 crore.

BHEL proposes to increase its solar cell and module manufacturing line from 8 MW to 26 MW capacity by September this year, Mr G. Ganapathiraman, Executive Director – Electronics Division, BHEL said. The company promises a module efficiency of over 18 per cent, he added.

This expansion of crystalline PV module manufacturing unit comes at a time when there is a glut of modules in the country. However, with several solar power producers importing thin-film modules as they are cheaper, there are few takers for PV modules.

In 2011-12, the electronics division of BHEL commissioned about 15 MW of solar power projects across the country. Currently, the solar segment of the electronics division contributes about 10 per cent.

BANGALORE UNITS' PROFIT UP 13%

more at:
http://www.thehindubusinessline.com/companies/article3291148.ece

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