The only Full Value Chain Company for Crystalline Silicon Technology in India

Polysilicon is developed from Trichloro Silane, by reacting it with hydrogen

Polysilicon is then melted and ingots are formed in a HEM Furnace

The Ingots are divided into bricks and then sliced into wafers

Multiple cleaning, etching and testing processes convert wafers into cells

Modules are made through various combinations of cells

Modules are used for solar PV application systems which can be used commercially

Two key methods for manufacturing wafers are Monocrystalline and Multicrystalline silicon technologiesWhile there are many other technologies which are still in development phase, these two continue to remain dominant

Poliysilicon Ingots Wafers Solar Cell Solar Cell Module System Installation

Global Green Energy Solutions

MSTPL is one of the top players in Solar PV cells space with a decade of experience in

the manufacturing of wafers, cells, modules and applications.

Being an early entrant, it has firmly entrenched itself in the supply chain of this sector as well

as has got a well established domestic and international sales network.

The company manufacturers Cells, Modules and SPV appliances from the

ingot/wafer stage and plans to integrate across the remaining Poly silicon stage.

The value chain starts from Trichloro Silane which is finally seen in the shape of

various Solar PV application systems

Our Solar PV Value Chain and existing Technologies

2008

20022002

2002 2003

2006

Company commenced operations

Introduced ARcoating for

Monocrystalline cells

IREDA agreed to refinance debt

2001

Established firstMulticrystalline

wafermanufacturing facility in India

Awarded ISO 9001:2000 Certificate

Expanded capacity from 2.5 MW to 7.5 MW

2008 2009

Diversified into Solar Thermal

Chairman elected as the President of

SESI*

2008

Chairman invited to the

board of ISES**

2010

* Solar Energy Society of India

* International Solar Energy Society

Key milestones for MSTPL

Collaboration withAbengoa Solar Inc.

for Parabolic Trough Technology

Collaboration withColexon for First Solar CdTe Thin Film Modules

and EPC

One of the first to draw up plans for backward integration into Poly silicon manufacturing

Poly silicon manufacturing to assist in significant de-bottle necking of the raw materials supply issue

Post the planned projects, its standing as a vertically integrated solar PV manufacturing

company will be unique in India and will place it among a globally elite group of

companies which are protected against Poly silicon supply vagaries

Poly silicon manufacturing to bring in significant cost savings making the company one of the most

competitive in India – ~20% improvement in manufacturing cost

A history of “firsts”

First company with in house Multi crystalline Wafer manufacturing facility

First to Introduce Anti Reflection (AR) Coating on Mono crystalline Cells

By end of 2009, it was the first company in India with a Poly silicon manufacturing facility

History of technical firsts in India

First to enter into Poly silicon

Maharishi Renewable Energy Pvt.Ltd.Maharishi House, A - 14, Mohan Estate,

Mathura Road, New Delhi - 110 044Ph : +91-11-26959800, +91-11-26959701

+91-9811290832Email : solar@maharishi.netpradeep@maharishisolar.com