India is planning to set a joint venture company in Russia to source the key component required for its fledgling solar energy initiatives. According to content of news of related resource i.e ‘MSN News’(Link cited below) India and Russia are exploring avenues to set up a joint venture company, at a cost of Rs 1,000 crore to manufacture silicon ingots which could be brought in India and sliced into thin wafers to make photo-voltaic cells for India’s ambitious solar energy mission. The Department of Science and Technology (DST) of Russia is handling with an impressive list of projects that also includes a few solar energy initiatives. DST is also setting up high-tech complexes to manufacture polycrystalline silicon and monosilane. It is hope of India to source 2000 tonnes of silicon ingots from this venture.
Resource of this Article is http://news.in.msn.com/national/article.aspx?cp-documentid=4942307
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