Rs 45,000 crore investment in bikaner's economy

JAIPUR: A Rs 45,000 crore investment to set up a state of the art manufacturing complex.by the Vavasi Telegence Private Limited, which inked Memorandum of Understanding(MoU) with state government for setting up a new silicon manufacturing complex in Bikaner.
The group required a 1,000 acre land plot and they have zeroed down upon one. Shreya Guha district collector of Bikaner said, "They have selected one which is best suited to their requirments of water and electricity.They will now have to file an application for the process of allocation.''It was in March this year that a MoU signed between state Government and Vavasi telegence Private Limited
This investment will see Bikaner developing as a hub for silicon chips and solar photovoltaic films production. According to the officials at Vavasi, the new complex will manufacture 20,000 MT of poly-silicon, 240 MW thin film Photo Voltaic manufacturing capacity, 1,000 MW thermal power plant and 3,000 Tons per annum capacity Float Glass Plant. As on date, only seven countries in the world produce total of 3,700 MW per annum of capacity, wherein after the setting up of this complex India alone would be producing 2,500 MW per Annum capacity.
The Group, while signing the MoU had claimed that the project will help to pump in the state's economy by Rs 90,0000 crore over a period of 10 years and likely to create 16,500 direct and 64,000 indirect jobs.