| The solar PV market has been growing at a rate of 40% since last 3-4 years, and is likely to grow at a rate of 25% per annum for next 5-10 years. With this rate the global market is likely to exceed the annual production mark of 12 GW during the year 2012. Likewise, the Indian market demand is expected to reach 200MW by the year 2012.
CEL will target the production of Solar Cells and Modules up to 25 MW per annum by the year 2012. The main emphasis will be to establish/state of the art process technology, to enhance the productivity and conversion efficiency and to use thinner wafer (around 200 micron). CEL is in the process of establishing in-line manufacturing/testing facilities by year 2012.
Safety being the highest priority in Indian Railways, large-scale deployment of modern signaling & safety equipment is envisaged. The present infrastructure will be upgraded so that the stringent specifications and requirements not only of Indian Railways but also international level to generate export are met. CEL will acquire sophisticated latest production equipment (CAM) for the Systems Production with an objective of minimizing failure rate and improving MTBF of the products. The design of the products will be continuously improved, keeping in pace with trends in the components and technology. Defence is likely to induct Weapon Locating Radar and Akash Missile in large number during XI Five Year Plan. To meet the projected demand, the manufacturing/testing facilities of Phase Control Modules (PCM) etc. are need to be augmented to manufacture 30,000 to 40,000 Nos. PCM annually. |