Moser Baer Photovoltaic, an arm of Moser Baer India, is planning to invest $5 billion over the next 10 years to expand its solar photovoltaic manufacturing facilities in Chennai and Hyderabad.
Last year, Moser Baer Photovoltaic raised more than Rs. 400 crore from a clutch of global private equity investors such as Nomura, CDC Group, Credit Suisse, Morgan Stanley and IDFC Private Equity.
The company is also planning to expand its solar energy facility at Greater Noida.
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