Indian Economy News

JA Solar to set up 500mw solar power unit in India with Essel Infraprojects

Kolkata: Chinese solar products maker JA Solar Holdings has signed an agreement with Essel Infraprojects to set up a 500mw solar cell and module manufacturing facility in India.

Essel Infraprojects is JA Solar Holdings' its Indian business partner. The two entities signed a memorandum of understanding on May 16 at the India-China Business Forum in Shanghai, which was part of Prime Minister Narendra Modi's China visit.

Cooperation opportunities in the photovoltaic industry were a special focus at the forum, as the leaders agreed that the establishment of a photovoltaic park should be a priority on the agenda.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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