Chinese firm to set up solar spare parts unit at Achuthapuram Special Economic Zone

VISAKHAPATNAM: China-based Trina Solar Limited (TSL) in association with Indian player Welspun India Ltd will set up a solar spare parts manufacturing unit at Achuthapuram Special Economic Zone (SEZ) soon, said district collector N Yuvaraj in an official release on Monday.

The two firms have expressed interest in setting up the unit at an estimated cost of Rs 3,000 crore and Hunter Wu and Sam Liu of TSL as well as Welspun chief executive officer Gautham Kapur interacted with the collector in this regard on Monday.

The collector said they would identify suitable land for the unit soon as the two companies were interested to start the process of setting up the unit within a month.

Power and Energy

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