Moneycontrol PRO
HomeNewsBusinessCompaniesWorld's largest silicon manufacturer to set shop in AP

World's largest silicon manufacturer to set shop in AP

While the first project will be solar module manufacturing units, the second project will see the company setting up a solar power park in the state

September 22, 2015 / 22:09 IST

The fact that Andhra Pradesh came in at the second spot as far as ease of doing business is concerned, seems to have augured well for the state. The world's largest silicon manufacturer XI'an LONGI has decided to set up not one but two plants in the state, with a total investment of Rs 8,000 crore.

While the first project will be solar module manufacturing units, the second project will see the company setting up a solar power park in the state.

first published: Sep 22, 2015 10:09 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347