Moser Baer sees revenues worth $150-$200 mln in FY10

MUMBAI (Reuters) - Moser Baer India Ltd is targeting revenues worth $150-$200 million from its photo voltaic business in the next financial year, Ravi Khanna, chief executive officer told television channel NDTV Profit on Wednesday.

The company, which currently has a capacity of 180 mega watts, expects it to double every year, Khanna said.

The company earlier in the day received orders to supply solar modules to customers in Europe worth $500 million.

Shares in the company traded up 6.84 percent at 116.4 rupees per share in a firm Mumbai market.