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Availability of Polysilicon and Solar Cells for Cooperation Between NEST and BHEL. By D.T.Barki Chairman & Managing Director NEST , Hyderabad. The Background. Solar industry - 57% growth The Need to work on major raw material, the silicon
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Availability of Polysilicon and Solar Cells for Cooperation Between NEST and BHEL By D.T.Barki Chairman & Managing Director NEST, Hyderabad NEST/BHEL/05-06
The Background • Solar industry - 57% growth • The Need to work on major raw material, the silicon • NEST, with its innovative approach, has geared up to address the supply chain issues • BHEL is considered as the first priority for NEST NEST/BHEL/05-06
NESTA Global Phenomenon! • Conceptualization & Product design, devlpt -1998 to 2001 • Product Launch 2001 • AISHWARYA™ Brand establishment • ASHDEN LIGHT AWARD 2005 NEST/BHEL/05-06
Poverty Reduction through Solar NEST/BHEL/05-06
Nothing demonstrates Solar Technology Like a Solar Mini Lamp NEST/BHEL/05-06
Mr.Barki Receiving the coveted ASHDEN LIGHT AWARD from HRH Prince Charles in London on 30th June 2005 NEST/BHEL/05-06
Global Presence • 60,000 lamps • 45 countries covering 5 continents • JV with Japan for Polysilicon • Formation of a group company exclusively for silicon: POLYSILICON INDIA PVT LTD NEST/BHEL/05-06
NEST’s Polysilicon Plans NEST/BHEL/05-06
Polysilicon &NEST • Be a major player in the supply-chain of polysilicon world over • Work on breakthrough technologies to produce high quality and competitive polysilicon • MoU signed with M.Setek for supply of high purity quartz for 10 years min. NEST/BHEL/05-06
M.SETEK and NEST • Discussions started in Dec 2004 • Negotiations completed for joint working on polysilicon project by Sep 2005 • Visit to Japan for final discussions on MoU and attending Foundation Ceremony 16th -20th Oct 2005 NEST/BHEL/05-06
Mr.Barki delivering speech on Foundation Ceremony of Polysilicon Plant in Soma, Japan NEST/BHEL/05-06
With Rep from BP Solar and Mayor, Soma City 18th Oct 05 NEST/BHEL/05-06
With Reps from Tokyo Bank NEST/BHEL/05-06
Part of Banquet NEST/BHEL/05-06
Dinner – Japanese way! NEST/BHEL/05-06
The Initiatives Proposed to BHEL • BHEL has its state of the art solar cell line and NEST looks up to it for solar cells • NEST is poised to be a major polysilicon player and wish to continue its key role in India. • NEST wishes to consider BHEL as a major associate in working with this supply chain with the intention to get solar cells in return. NEST/BHEL/05-06
To Begin With… • NEST will provide some off-spec wafers received from M.Setek for BHEL to process and offer them on conversion cost basis • About 20,000 nos of 125PSQ wafers will be offered on monthly basis • BHEL may offer its best charges for converting the wafers NEST/BHEL/05-06
Thank You NEST/BHEL/05-06