Veröffentlichungsdatum: 20 September 2010
Projektträger – zwischengeschaltetes Finanzinstitut
Moser Baer Solar Limited (MBSL) through the Export-Import Bank of India
The proposed project consists in the installation and ramp-up of a 90 MWp PV (photovoltaic) cells production line based on crystalline Silicon high efficiency technology, as well as in the installation of a matching 90 MWp modules' assembly line. The lines will be installed in the free space of an already existing factory of the promoter, located in the industrial area of Okhla in Greater Noida, close to New Delhi (India), where the promoter is already producing around 40 MWp of PV modules based on a different technology since 2009. Production lines will be supplied by a reputable EU producer of crystalline Silicon-based PV manufacturing equipments. The project concerns an allocation under the Exim Bank of India Framework Loan.
The purpose of the current allocation is to allow the promoter to start-up production lines to manufacture high-efficiency PV (photovoltaic) solar modules based on crystalline Silicon technology. The project contributes to the cost reduction in the PV industry, to the development of renewable energies and indirectly to the objectives on climate change mitigation in India. Moreover, the project is expected to create more than 160 permanent jobs and related indirect employment within the equipments supplier and the local contractors.
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 15.75 million.
Gesamtkosten (voraussichtlicher Betrag)
Project cost is expected to be around EUR 109 million. The details will be investigated during the appraisal.
Production of semiconductors, which includes photovoltaic modules, is not listed in the EIA directive 97/11. The production activities will be carried out in an existing building where manufacturing of PV modules is already in place. Given the characteristics of the project it can be expected that the competent authority has decided, on the basis of the presented project information, that no EIA is necessary. The relevant legislation and position of the local authorities towards this industrial project will be reviewed during the appraisal, along with its environmentally relevant characteristics.
The Bank will require the Promoter to ensure implementation of the project in compliance with the Bank’s Guide to Procurement.
In Prüfung - 20/09/2010
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).