“We are setting up similar plants in California, South Africa and Australia. We chose Gujarat because of the state’s potential and its policy framework. A lot of people are talking about renewable energy, but Gujarat has acted,” said Ira Magaziner, chairman of CCI, who was in Ahmedabad to sign an agreement with the state government.
CCI is negotiating with around 12 companies across the globe that are willing to invest in the project, which is likely to come up more than 5,000 hectares along border districts of Kutch and Banaskantha. With the Gujarat government planning a large gas grid in the region, CCI is also exploring possibilities of making the plant hybrid.
Chief Minister Narendra Modi said on the occasion that his government plans to convert the border into a solar hub. “We would identify land and create infrastructure for the project. We want Gujarat to become a hub for manufacturing solar power equipment, R&D and generation. The initiative will generate 20,000 jobs,” said Modi.
