Availability of Polysilicon and Solar Cells for Cooperation Between NEST and BHEL

NEST/BHEL/05-06

Availability of Polysilicon and Solar Cells for Cooperation Between NEST and BHEL

ByD.T.BarkiChairman & 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

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