Phoenix Solar seeks to set up Rs 1,200-cr project
The Government has received an application from Phoenix Solar India for setting-up a Rs 1,200-crore solar PV cell and module project in the country, taking the total number of proposals under the new scheme for semiconductor fabs and other micro and nano technology manufacturing industries, to eight. According to sources in Department of IT (DIT), the proposed project is expected to come up at Greater Noida. The company filed its application with the Government in early April, sources added.