Lanco to set up solar cell plant in Chhattisgarh
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Lanco Infratech Limited today announced its subsidiary Lanco Solar Private Limited has signed an MoU with Chattishgarh to set up a 100-mw solar cell manufacturing unit in the state.
The company has already invested Rs 1,200 crore in integrated solar photo voltaic (PV) project, restarted in July this year. The project is being set up at a 250-acre SEZ in Rajnandgaon in Chattisgarh.
"We are elated to be part of the MoU as this will be a showcase project being the first poly-silicon, ingots and wafers manufacturing facility coming up in India. At the same time it plays anchor industry role to attract investment's in other solar PV manufacturing units within this plug and play SEZ," said L Madhusudhan Rao, executive chairman of Lanco Infratech.
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Former Prime Minister Manmohan Singh passed away on December 26 at the age of 92, following prolonged health issues. Reflecting on his fond memories of the former Prime Minister, Pramod Kumar Mishra, principal secretary to Prime Minister Narendra Modi said, “We have lost a very distinguished leader, an eminent economist and a great human being, with the passing away of Dr Manmohan Singh. My memories of Manmohan Singh date back to the time when he was teaching at the Delhi School of Economics.”
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The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
The rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders.
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Tamil Nadu BJP chief K Annamalai staged a unique agitation here on Friday when he flogged himself condemning the ruling DMK and the state police over the handling of the case of sexual assault on a Chennai college student on Christmas eve.
Clad in green dhoti, a bare-chested Annamalai took a whip from his party worker and whipped himself repeatedly, in front of his residence here, as the BJP members stood around him displaying placards condemning the police for the alleged leak of FIR pertaining to the woman's complaint.
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State-owned NBCC has bagged a Rs 300-crore contract to develop a commercial complex in Varanasi, Uttar Pradesh.
In a regulatory filing on Friday, the company said it has secured a Rs 300-crore order for "development of Jawaharlal Nehru Commercial Complex (JLNCC), Englishya Lines, Varanasi on self-sustainable model".
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The opposition party in Andhra Pradesh, YSRCP, on Friday took out statewide protests and rallies opposing power tariff hikes in the southern state under the TDP-led NDA government.
YSRCP leaders and cadres protested at several places across the state, including Nellore, Chittoor, Krishna, Tirupati, Visakhapatnam, Kakinada, Kurnool and others.
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