Three solar firms picked for Andhra Pradesh development
Three solar companies are going to be setting up shop at Karidi in Andhra Pradesh’s Anantapur district, which has earmarked 5,000 acres for the projects, according to a report in tomorrow’s edition of the Business Standard.
State-run Andhra Pradesh Industrial Infrastructure, which develops industrial parks, said it has issued offer letters to the companies. Andhra Pradesh is a state on the south-eastern coast of India.
The businesses are expected to invest more than Rs 3,000 crore ($644 million), with Rs 2,000 crore coming from Sunborne Energy Technologies and about Rs 600 crore each coming from AES Solar and Hyderabad-based Lanco Solar.
More : cleantech.com