CETC (India), an ancillary of China Electronics Technology Group Corporation (CETC), is setting up a solar photovoltaic cell (PVC) manufacturing park at Sri City, near here, according to a top official.
The first phase of the project would go on stream in 18 to 20 months. The civil work for the construction of the facility had already commenced.
According to Liu Liehong, general manager, CEO, CETC, the firm chose Sri City for the project after surveying various sites in India. The plant, which would be built on a plot of 18 acres in the domestic tariff zone at an initial investment of about ₹320 crore, would be commissioned by the last quarter of 2019.