Shirdi Sai Electricals Limited (SSEL) that emerged as one of the successful bidders in IREDA’s bid invite for manufacturing 'High Efficiency Solar PV Modules' as a part of the Aatmanirbhar Bharat Abhiyan was issued a Letter of Award on November 11, 2021.
SSEL has achieved yet another key milestone by signing an MoU with Viridis.iQ GmbH, a German engineering and consulting services firm to assist SSEL in setting up of the 4 GW manufacturing unit for Polysilicon + Ingot-Wafer + Cell + Module in the presence of his excellency P Harish, the Indian Ambassador for India in Germany.
Shirdi Sai Electricals Limited is one of the largest players in the Transmission and Distribution sector and transformer manufacturing, with more than 25 years of expertise has collaborated with Viridis.iQ GmbH, a German engineering, consulting and technology firm with unique expertise on every step of the silicon-based value chain including metallurgical silicon, polysilicon, ingoting, wafering, solar cell and modules.
The initiation of this project is planned in a phased manner. In the Early Stage both SSEL and Viridis.iQ GmbH will finalize the conceptual design, devise the business plan to kickstart the project after which Viridis.iQ GmbH will extend the necessary technical/engineering support followed by construction and Operations to start. Post the start of Operations, the project shall be supported by Viridis.iQ GmbH for up to one year to stabilize the Operations.
Commenting on this development, the CEO of SSEL, Sharat Chandra remarked this association with Viridis.iQ GmbH would strengthen SSEL in setting up one of India’s largest production facilities in the PV value chain.