Websol Energy System
Amp Energy India enters solar cell manufacturing; partners with Websol
Amp Energy on Friday announced its foray into solar cells and modules manufacturing, unveiling its plan to set up a joint venture with Websol Energy Systems. "Amp Energy India... has announced a joint venture (JV) with Websol Energy Systems Ltd for manufacturing and production of up to 1.2 GW monocrystalline PERC solar cells and modules," a company statement said. The production of monocrystalline PERC solar cells and modules would be in two phases of 600 MW each at Websol's existing unit at Falta in West Bengal. The company's entry into manufacturing solar cells will help it to provide a better control over the supply chain for critical components, Amp Energy said. In the JV, Websol will hold 51 per cent stake and Amp Energy will have the 49 per cent. The project is to be financed with a combination of debt and equity and will have an offtake agreement with Amp Energy India for up to 50 per cent of production. The rest of the produce shall be sold in market, helping fill the ...
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Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds
Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.
 "Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds")
Websol Energy System up 20% on RBI nod for restructuring FCCBs
The stock up 20% at Rs 42.15 after the company said the RBI approved the restructuring of outstanding FCCBs subject to certain conditions.
 "Websol Energy System up 20% on RBI nod for restructuring FCCBs")
