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Southern Ispat to diversify into manufacturing of solar grade silicon ingots

15 Nov 2014 Evaluate

Southern Ispat and Energy has decided to diversify and de-risk by going into manufacturing of solar grade silicon ingots and bricks used in solar cells. In this regard, the company has signed an agreement with Gujarat Government to set up the plant and the board has decided to acquire 200 acres of land in a phased manner.

Southern Ispat & Energy is engaged in manufacturing and trading of steel products in India. The company’s products include ingots of iron and steel, other than high carbon, steel bars and rods, hot rolled in irregularly wound coils, and non-alloy steel.

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