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BANGALORE, INDIA: According to a published report on India Infoline, the Indian semiconductor and fab policy has so far received 12 proposals, which are said to be worth Rs. 93,000 crores.
Investments in solar/PV have dominated the proposals.
Company (Rs. Crores) KSK Surya Photovoltaic Solar PV 3211.00 Lanco Solar Solar PV, Polysilicon 12938.00 PV Technologies India Solar PV 6000.00 Phoenix Solar India Solar PV 1200.00 Reliance Industries Solar PV, Polysilicon 11631.00 Reliance Industries Semiconductor Wafer Fab 18521.00 Signet Solar Inc. Solar PV 9672.00 Solar Semiconductor Solar PV 11821.00 TF Solar Power Solar PV 2348.00 Tata BP Solar India Solar PV 1692.80 Titan Energy System Solar PV, Polysilicon 5880.58 Videocon Industries TFT LCD Flat Panel 8000.00 Source: India Infoline Ltd According to a Press Information Bureau release, the DIT (Department of Information Technology, Government of India) has set up a panel of technical experts to evaluate the proposals.
The promoters will come up to the Appraisal Committee for sanction of subsidy under the scheme once they have reached the threshold limit of investment, as indicated in the guidelines of the Special Incentive Package Scheme.