Saint-Gobain keen to establish Solar Glass Complex

Saint-Gobain Glass India Ltd (SGGI), a wholly-owned subsidiary of French glass major, Saint-Gobain, is keen to establish a Solar Glass Complex with an investment of around Rs 500 – Rs 600 crore.

The company is scouting for land, around 60 acres, and the plant is likely to come up in Tamil Nadu or Andhra Pradesh.

“The plant will come up in the South and we are in talks with the Tamil Nadu government as well as the neighbouring states,” B Santhanam, managing director, SGGI told reporters here on Friday. “We have asked for certain incentives as also power, which along with raw material, is most critical for the unit,” he added.

The facility will make products like solar glass, solar mirror and thin glass. Since these products have export potential, the company is keen to establish it as an export oriented unit, to come up in a proximity to a sea port as well as sourcing of raw materials. “We would like to export at least 50 per cent of the produce,” Santhanam said. 

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600450 Saint-Gobain keen to establish Solar Glass Complex
Date: 8 June 2011

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