Jaiprakash Associates , in association with International Business Machines Corporation (IBM), USA and Tower Semiconductor Limited (TowerJazz), Israel, proposes to set up a Semiconductor Wafer Fabrication (FAB) facility alongwith gas based Captive Power Plant in Uttar Pradesh. Department of Electronics & Technology (DeitY), Ministry of Communications and Information Technology, Govt. of India has issued a Letter of Intent, upon technical and commercial evaluation of the Project Proponent, to provide support for setting up of the proposed Semiconductor Wafer Fabrication (FAB) facility. As of June 2015, environment clearance for the project is underway.
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