The SEZ will come up on 120 acres
NEPC will develop common infrastructure
COIMBATORE: NEPC India Limited is establishing a Special Economic Zone (SEZ) here for non-conventional energy-based products.
Rajkumar Khemka, vice-chairman of the NEPC, told The Hindu that the SEZ would come up on 120 acres available with it at Nallurpalayam, 20 km from Palladam. The SEZ was expected to be operational in another six to eight months. NEPC would develop common infrastructure at a cost of Rs. 50 crore.
Nearly 15 units involved in renewable energy product manufacturing were expected to set up production facilities at the SEZ, investing over Rs. 4,000 crore.
This would generate direct and indirect employment to about 5,000 people. Mr. Khemka said NEPC would also set up its plant to manufacture solar modules at the SEZ.
Starting with an initial investment of Rs. 50 crore, it would be investing nearly Rs. 1,000 crore in the next five years and the annual production capacity of the plant would be 250 MW.
Describing the SEZ a timely venture, a press release from the company said “The demand for power and the global focus on abatement of green house gas emission encouraged NEPC to go in for the SEZ project for manufacture of products to generate energy from non-conventional energy sources.”