Vikram Solar Seals 1 GW Pact with Avaada Electro to Bolster India’s DCR Supply Chain

Kolkata: Vikram Solar, a pioneer in Indian solar module manufacturing, has entered into a domestic cell supply agreement with Avaada Electro, reinforcing its foothold in India’s fast-expanding Domestic Content Requirement (DCR) segment and strengthening long-term supply-chain resilience.

Under the agreement, Avaada Electro will supply 1 GW of ALMM-compliant domestically manufactured half-cut N-Type G12R TOPCon solar cells for Vikram Solar’s module manufacturing operations. Deliveries are scheduled to commence in September 2026, ensuring consistency in supply and operational continuity to meet the country's growing DCR requirements.

This agreement marks a further step in Vikram Solar's penetration of the domestic DCR market and its strategy to diversify and strengthen its cell supply chain, adding to the supply agreements the company has entered into earlier this year. It also complements Vikram Solar's backward integration strategy, anchored by its upcoming 9 GW high-efficiency solar cell manufacturing facility, scheduled to commission in Q4 FY27.

Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said:

"The next phase of India's solar growth will be won or lost on supply chain depth, not just manufacturing scale. This arrangement is another step in that direction- one that widens our supplier base, strengthens our hand on DCR, and gives us the confidence to commit to India's energy security with fewer variables outside our control. Atmanirbhar Bharat won't be built by any single partnership; it'll be built by companies that keep making these choices, year after year.”

About Vikram Solar Limited:

Vikram Solar Limited is one of the leading Indian solar module manufacturers, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 39 countries. Headquartered in Kolkata, West Bengal, it is one of the largest PV module manufacturers in India. Vikram Solar is a 9th time ‘Top Performer’ in PVEL’s PV Module Reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of Bloomberg NEF for 9 consecutive quarters. Vikram Solar Limited has established a pan-India presence through an extensive distributor network of 119 authorized distributors and more than 750+ dealers.

For further information, please contact: Srabani Sen | Vikram Solar | Mobile: +91 7349661300 | Email: press@vikramsolar.com

Tata Power Powers Rajasthan With 190 MW Renewable + Storage Breakthrough

Tata Power Renewable Energy Limited (TPREL) has commissioned a landmark 190.5 MW Firm and Dispatchable Renewable Energy (FDRE) project at Kalasar, Bikaner, Rajasthan. Integrated with a 115 MWh Battery Energy Storage System (BESS), the project ensures reliable, round-the-clock renewable power supply to key state discoms.

Firm and Dispatchable Renewable Energy (FDRE) is renewable power engineered to behave like conventional electricity — combining solar, wind, and battery storage to deliver reliable, schedulable supply that utilities can depend on, including during peak demand hours.

FDRE represents the second phase of India’s renewable energy journey: moving from capacity addition to dependability. With installed solar capacity crossing 150 GW in March 2026, FDRE ensures that this massive renewable base can be harnessed in a way utilities can plan around. It is now one of the defining procurement formats in India’s utility‑scale renewable energy market.

Project Overview

• Capacity: 190.5 MW FDRE (part of a larger 460 MW FDRE initiative under SJVN FDRE Tranche-1)
• Location: Kalasar, Bikaner, Rajasthan
• Technology: Advanced Battery Energy Storage System (115 MWh), Harmonic Filter Bank, and Static Var Generator systems
• Beneficiaries: Haryana Power Purchase Centre (HPPC), Maharashtra State Electricity Distribution Company (MSEDCL), and Noida Power Company Limited (NPCL)

Strategic Significance

• Reliable Renewable Supply: FDRE projects overcome intermittency by combining solar with storage, ensuring dispatchable clean energy
• Portfolio Expansion: TPREL’s renewable capacity now stands at 12.4 GW (6.9 GW operational: 5.6 GW solar + 1.3 GW wind; 5.5 GW under implementation)
• National Targets: Supports India’s 500 GW non-fossil fuel capacity goal by 2030 and Tata Power’s Net Zero by 2045 commitment
• Execution Excellence: Despite global supply chain challenges, Tata Power completed the switchyard in 3 months and harmonic filter bank in 1 month

Key Features

Aspect	Details
Capacity	190.5 MW FDRE (part of 460 MW)
Storage	115 MWh Battery Energy Storage System
Location	Kalasar, Bikaner, Rajasthan
Discoms Supplied	HPPC, MSEDCL, NPCL
Operational Portfolio	6.9 GW (5.6 GW solar, 1.3 GW wind)
Future Pipeline	5.5 GW under implementation
Execution Speed	Switchyard in 3 months, Harmonic Filter Bank in 1 month

Challenges Faced

• Global Supply Chain Disruptions: Shortages of transmission materials and mounting structures
• Compressed Timelines: Required accelerated execution and testing
• Grid Integration: Advanced technologies like harmonic filters and static var generators were critical to ensure stability

Broader Context

This commissioning strengthens Tata Power’s role as a leading renewable energy player in India, showcasing innovation in FDRE projects that combine solar with storage for reliability. It highlights India’s growing reliance on dispatchable renewable energy to meet climate goals while ensuring grid stability.

Saatvik Solar Signs an MoU with the Odisha Govt to Establish a 3.6 GW Solar Cell Manufacturing Facility at Gopalpur, Ganjam

Cell & Module Manufacturing Plant Odisha, SGEL

Saatvik Solar Industries Private Limited has signed a Memorandum of Understanding (MoU) with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, for setting up a 3.6 GW Solar Cell Manufacturing Facility at Gopalpur in Ganjam district, Odisha.

The proposed facility marks an important step in Saatvik Solar’s plans to further expand its manufacturing capabilities in Odisha and contribute to the development of the state’s renewable energy manufacturing ecosystem. The project is also expected to create employment opportunities and support the development of the wider industrial ecosystem in the region.

The new facility will form part of Saatvik Solar’s broader manufacturing development at Gopalpur, where the company is already progressing with its Phase I integrated manufacturing facility. Phase I has achieved key construction and installation milestones and is now advancing towards commissioning. Tool installation is progressing well, with ramp-up set to commence shortly marking a significant step towards operational readiness.

Gopalpur Manufacturing Development Progresses Towards Commissioning

Saatvik Solar’s Phase I manufacturing facility at Gopalpur has made substantial progress, with major construction and infrastructure works completed and equipment installation and testing activities advancing across the facility.

Cell & Module Manufacturing Plant Odisha, SGEL

The company has also completed key power infrastructure milestones, with the dedicated 220 kV substation ready for charging. Manufacturing lines are progressing through the final stages of installation, testing, validation and process readiness, with the company moving towards the next stage of operations.

The cell line is on track for ramp-up shortly, marking a key step towards operational readiness, with the ALMM-II inspection planned for September—bringing the facility closer to full-scale commercialisation.

Commenting on the milestone, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited said, “Odisha is more than a manufacturing milestone for Saatvik; it is a statement of our ambition. As our 2.4 GW cell and 4 GW module manufacturing lines move towards production, we are taking a decisive step towards building scale, strengthening integration and creating the foundation for our next phase of robust growth. India’s clean energy opportunity is enormous, and we intend to play a defining role in it. Our ambition is to build manufacturing capabilities that are globally competitive, technologically advanced and deeply aligned with India’s journey towards energy security and self-reliance. Building on the momentum of Phase I, we are advancing plans for a further 3.6 GW Phase II expansion at Gopalpur, which will significantly scale our integrated manufacturing footprint and strengthen our ability to meet the growing demand for domestically manufactured solar products. With Phase II targeted for commercial production by FY28, we are preparing for the next leap in scale. The future we see is one where India is not only a major consumer of clean energy, but a global manufacturing powerhouse for it. Saatvik is determined to help build that future by investing in capacity, technology and excellence today and creating a stronger, more resilient and more sustainable energy ecosystem for tomorrow.”

Alongside the progress of Phase I, Saatvik Solar is advancing plans for the next phase of development at Gopalpur, which will further scale its integrated manufacturing capabilities. The Phase II 3.6 GW cell capacity expansion is being planned to support the growing demand for domestically manufactured solar products and deepen the company’s presence across the solar value chain.

The company’s phased development at Gopalpur reflects its long-term approach towards building an integrated and technologically advanced solar manufacturing ecosystem, with a focus on scale, operational excellence, quality and supply chain resilience.

CESC To Buy 1.4 GW Solar Assets from ReNew for $510M

India’s CESC, through its renewable arm Purvah Green Power, will acquire ReNew Solar’s 1.4 GW operational solar portfolio for ₹4,859 crore ($510 million), said several media reports including Reuters. The deal, closing before October 31, 2026, strengthens CESC’s push toward a 10 GW renewable energy platform.

CESC Limited (Calcutta Electric Supply Corporation) is India’s first fully integrated private power utility, headquartered in Kolkata and part of the RP-Sanjiv Goenka Group. It generates, transmits, and distributes electricity, serving millions of consumers across West Bengal and other regions.

Key Transaction Details

• Buyer: Purvah Green Power (renewable arm of CESC, RP-Sanjiv Goenka Group)
• Seller: ReNew Solar Power
• Deal Value: ₹4,859 crore ($510.1 million)
• Assets Acquired: 1.4 GW operational solar portfolio
• Geography: Six projects across Rajasthan and Karnataka
• Contracted Capacity: Over 90% tied to SECI under long-term PPAs
• Closing Timeline: Expected before October 31, 2026
• Funding: Fully financed by CESC’s parent company

Strategic Impact

• Capacity Boost: Purvah’s contracted renewable capacity rises to 4.8 GW
• Portfolio Diversification: Shift toward cash-flow generating operational projects
• Long-Term Vision: Supports RP-Sanjiv Goenka Group’s 10 GW renewable energy goal
• Consumer Reach: CESC serves 4.4 million consumers

Broader Context

• India’s Renewable Push: Aligns with national clean energy goals
• Market Significance: One of India’s largest operating solar acquisitions
• Technology Mix: Purvah develops solar, wind, and hybrid projects

Quick Comparison Table

Aspect	Details
Deal Value	₹4,859 crore ($510.1 million)
Capacity Acquired	1.4 GW operational solar
States	Rajasthan, Karnataka
Contracted Buyers	90% with SECI (long-term PPAs)
Purvah’s New Capacity	4.8 GW (1.8 GW operational + 3 GW under construction)
Strategic Goal	Build 10 GW renewable platform

Risks & Considerations

• Execution Risk: Integration of six projects across two states
• Policy Dependence: Reliance on SECI contracts
• Market Competition: Rivals include Adani Green and Tata Power
• Financing Pressure: Large acquisitions increase capital exposure

Purvah Green Power Private Limited (PGPPL) is the renewable energy arm of CESC Ltd, part of the RP-Sanjiv Goenka Group. Incorporated in December 2023, it has quickly emerged as one of India’s fastest-growing renewable energy developers, with a pipeline of over 7.6 GW across solar, wind, and hybrid projects. 

India Emerges as Global Solar Manufacturing Hub with 172 GW Capacity

India’s solar manufacturing sector has expanded dramatically, from 2.3 GW in 2014 to reaching 172 GW of module capacity by March 2026, supported by government schemes like the PLI and ALMM. This growth is positioning India as a global hub for solar technology, reducing import dependence and creating thousands of jobs.

In FY 2025–26, India’s renewable energy sector reached a landmark, recording unprecedented growth in both solar and non‑fossil fuel capacity. On 29 July 2025, renewables supplied 51.5% of the nation’s electricity demand — the highest monthly share ever achieved.

India’s Solar Manufacturing Expansion

Capacity Growth

• 2014: Manufacturing capacity stood at just 2.3 GW.
• 2026: Expanded to 172 GW, a seventy-five-fold increase.
• India now has domestic module capacity exceeding annual demand, though upstream vulnerabilities remain.

Key Government Policies

• Production Linked Incentive (PLI) Scheme: Launched in 2021 with ₹4,500 crore, expanded in 2022 with ₹19,500 crore. Attracted ₹35,000 crore investment and created ~10,000 direct jobs.
• Approved List of Models and Manufacturers (ALMM): Introduced in 2019, expanded in 2026 to include solar cells (List-II). From June 2026, all projects must source cells from ALMM List-II, ensuring quality and reliability.

India has introduced targeted measures to boost solar manufacturing and reduce reliance on imports.

Production Linked Incentive (PLI) Scheme

• Launched in 2021 with ₹4,500 crore, expanded in 2022 with ₹19,500 crore.
• Promotes domestic production of high-efficiency solar PV modules.
• By October 2024, attracted investments worth ₹35,000 crore.
• Generated direct employment for about 10,000 people.

Approved List of Models and Manufacturers (ALMM)

• Introduced in 2019 as a quality assurance framework for solar PV modules and cells.
• Ensures only approved manufacturers and models are used in government-supported and competitively bid projects.
• Promotes domestic manufacturing by mandating certified products.

Impact of PLI and ALMM

Together, these frameworks have reinforced India’s solar manufacturing ecosystem, driving self-reliance, accelerating deployment, and instilling confidence among consumers and developers.

Taking Solar to Every Household and Farm

India’s solar journey extends beyond utility-scale projects, with schemes designed to improve energy access, lower costs, and create livelihoods.

PM Surya Ghar: Muft Bijli Yojana

• Launched on 13 February 2024 with an outlay of ₹75,021 crore.
• World’s largest domestic rooftop solar programme.
• Provides subsidies and collateral-free loans for rooftop installations.
• Implemented through a national portal for seamless registration, installation, and subsidy disbursement.

Key Achievements

• Over 43 lakh households solarised as of June 2026.
• ₹14,771.82 crore disbursed as Central Financial Assistance till December 2025.
• More than 7.7 lakh households received zero electricity bills by 9 December 2025.

Comparative Table: PLI vs ALMM

Scheme	Objective	Impact
PLI Scheme	Boost domestic manufacturing of high-efficiency solar PV modules	₹35,000 crore investment, ~10,000 jobs, reduced import dependence
ALMM Framework	Ensure quality standards for modules and cells	Mandatory use of approved products, boosts confidence in domestic manufacturing

Bhadla Solar Park 

Bhadla Solar Park 

In Rajasthan’s arid Bhadla region, vast stretches of desert have been transformed into one of the world’s largest solar power complexes. Initiated under the Solar Parks Scheme in 2015 and completed in phases by 2020, the project now spans nearly 5,700 hectares (56 sq. km.) with an installed capacity of 2,245 MW. The area’s abundant solar irradiation, minimal rainfall, and sparse vegetation make it ideal for large‑scale solar generation.

Beyond its sheer scale, Bhadla exemplifies the solar park model — shared infrastructure such as land preparation and transmission facilities enabled rapid development, attracted significant private investment, and drove competitive bidding that delivered some of India’s lowest solar tariffs, making clean energy more affordable.  

Strategic Importance

• Energy Security: Reduces reliance on imported modules, especially from China.
• Economic Development: Strengthens domestic supply chains and creates jobs.
• Climate Goals: Supports India’s target of 500 GW non-fossil fuel capacity by 2030 and net-zero by 2070.
• Global Competitiveness: India is now the second-largest solar growth market globally, surpassing the U.S. in annual additions.

Challenges Ahead

• Upstream Vulnerabilities: India must scale solar cell and wafer production to reduce dependence.
• Supply Chain Resilience: Need for diversification in raw materials and technology.
• Cost Competitiveness: Maintaining affordability while ensuring high efficiency.

Global Cooperation

• International Solar Alliance (ISA): Co-founded by India and France in 2015, now a key platform for global solar collaboration.
• One Sun One World One Grid (OSOWOG): India’s vision for interconnected renewable grids, launched with the UK in 2021.

Conclusion

India’s solar manufacturing expansion is not just about numbers—it represents a strategic shift towards self-reliance, affordability, and global leadership. With strong policy support, India is building a resilient ecosystem that can serve as a blueprint for other nations.

Tata Power Plans First Solar Exports To Europe, As EU Seeks Shift Beyond China

Tata Power is preparing to export solar equipment to Europe for the first time taking advantage of the European Union’s push to reduce dependence on Chinese suppliers under the Net-Zero Industry Act, reported Reuters citing CEO Praveer Sinha. In 2023, nearly 94 percent of the EU’s solar modules and cells were imported from China, but new diversification policies and trade agreements have opened the door for Indian manufacturers. Italy has already created space for non-Chinese solar projects, making it a key entry point for Tata Power.

The company currently has 4.9 GW of integrated cell and module capacity and is working toward expanding to 10 GW of ingot and wafer production. Its initial export target is between 2 and 3 GW of solar cells and panels to Italy, with potential expansion across Europe. India’s broader solar manufacturing base, with 200 GW of module capacity and 30 GW of cell capacity, positions the country as a credible alternative supplier.

While this marks a significant opportunity for India’s renewable sector, challenges remain. Chinese modules are still cheaper, and EU certification requirements could slow entry. Tata Power’s ability to scale production quickly will be critical to meeting demand. If successful, this move strengthens India’s role as a global renewable hub and aligns with its domestic clean energy ambitions while opening new export revenue streams.

The India-EU Trade Deal

India and the European Union concluded negotiations for a landmark Free Trade Agreement (FTA) in January 2026, with formal signing scheduled by the end of 2026 and implementation in early 2027. The deal grants duty‑free access to 93% of Indian exports to the EU and significantly lowers tariffs on European goods entering India.

Key Features of the India–EU Trade Deal 2026

Market Access

• Indian exports: About 93% of shipments will enter the EU with zero duties, covering textiles, leather, marine products, gems, jewellery, and other labour‑intensive sectors.
• EU exports: Tariffs will be eliminated or reduced on 96.6% of EU goods exports to India, saving European exporters an estimated €4 billion annually.

Tariff Reductions

• Luxury cars: Import duties in India will drop from 110% to as low as 10% over time.
• Wines: Tariffs reduced from 150% to 75% initially, eventually reaching 20%.
• Olive oil: Duties cut from 45% to zero within five years.
• Processed foods: Tariffs up to 50% eliminated.

Strategic Impact

• Creates one of the world’s largest trade partnerships, covering nearly 2 billion people and about 25% of global GDP.
• Strengthens supply chain resilience, technology collaboration, and investment flows under the India–EU Trade and Technology Council.
• Positions India as a major hub for clean energy, biotech, semiconductors, and services exports, while giving EU firms privileged access to India’s fast‑growing market.

Comparison: Benefits for India vs EU

Benefit	India	EU
Export Access	93% duty‑free entry into EU	Wider access to Indian services market
Tariff Savings	Boost for textiles, gems, marine products	€4 billion annual savings on duties
Luxury Goods	Cheaper imports of cars, wines, olive oil	Expanded consumer base in India
Strategic Position	Integration into EU value chains	Doubling of goods exports to India by 2032

Vodafone Idea Secures 26% Stake in MTK Quantum for ₹4.33 Cr

Vodafone Idea has completed the acquisition of a 26% equity stake in MTK Quantum Green Energy Pvt. Ltd. for ₹4.33 crore, marking a significant step in its renewable energy strategy. The telecom operator purchased 43,32,250 equity shares at a face value of ₹10 each, with the transaction finalized on June 30, 2026. This investment allows Vodafone Idea to qualify as a captive user under the Electricity Act, 2003 and the Indian Electricity Rules, 2005, ensuring compliance with regulations governing captive power plants. The deal does not involve any related party transactions, nor did it require government or regulatory approvals, making it a straightforward cash consideration acquisition.

MTK Quantum Green Energy Pvt. Ltd., incorporated on October 29, 2025, is a newly established company focused on renewable energy generation, transmission, and distribution. Its primary project is the development of a captive solar power plant in Tamil Nadu, designed to supply clean energy to its stakeholders. The company has an authorised share capital of ₹17 crore and a paid-up share capital of ₹16.66 crore, though it has not yet reported turnover given its early stage of operations.

For Vodafone Idea, the strategic rationale behind this acquisition lies in cost optimization and sustainability. Telecom networks are energy-intensive, and captive renewable power offers lower per-unit costs compared to grid tariffs. By securing a stake in MTK Quantum, Vodafone Idea not only reduces its long-term operational expenditure but also strengthens its ESG credentials by aligning with India’s push for green energy adoption. This move also provides a hedge against volatile energy prices, supporting operational efficiency and margin stability.

Although the financial size of the deal is relatively modest compared to Vodafone Idea’s overall debt and capital expenditure, the long-term implications are noteworthy. The investment reflects a broader trend in the Indian telecom sector, where operators are increasingly turning to captive renewable energy projects to manage tower operating costs and improve sustainability. For Vodafone Idea, this acquisition enhances its positioning as a forward-looking telecom operator committed to both financial discipline and environmental responsibility.

Vodafone Idea has been under sustained financial pressure due to high debt, intense competition, and the need for continuous network investments. By investing ₹4.33 crore in MTK Quantum, the company is not only ensuring compliance with captive power regulations but also securing a pathway to reduce one of its largest recurring costs—electricity for telecom towers and data centers.

This acquisition is part of a wider industry trend where telecom operators are diversifying into renewable energy to stabilize operating margins. Captive solar and wind projects allow telcos to hedge against rising grid tariffs and volatile fuel prices, while also aligning with India’s national renewable energy targets. For Vodafone Idea, the deal strengthens its ESG profile, which is increasingly important for attracting institutional investors and meeting sustainability-linked financing requirements.

Comparing sectoral approaches, Bharti Airtel has already invested in renewable energy through its partnership with Nxtra Data, while Reliance Jio benefits from Reliance Industries’ broader green energy initiatives. Vodafone Idea’s move, though smaller in scale, signals its intent to remain competitive by adopting similar cost-saving and sustainability strategies. The difference lies in timing and scale—Airtel and Jio are ahead in execution, while Vodafone Idea is taking incremental steps to catch up.

In the long run, such investments could help Vodafone Idea improve EBITDA margins, reduce dependence on external power suppliers, and project itself as a responsible corporate citizen. While the immediate financial impact is modest, the strategic value lies in operational efficiency, regulatory compliance, and alignment with global sustainability trends.

Jupiter International Adds 1.25 GW TOPCon Unit at Baddi, Expands Solar Cell Capacity to 3.25 GW

• Marks the company’s transition from scaling capacity to scaling advanced capability in high-efficiency solar cells in Baddi – Himachal Pradesh

Jupiter International Limited, one of India’s leading solar cell manufacturers, has inaugurated its Unit IV at its Baddi manufacturing campus in Himachal Pradesh, adding 1.25 GW of TOPCon (Tunnel Oxide Passivated Contact) solar cell manufacturing capacity and expanding its total solar cell manufacturing capacity from 2 GW to 3.25 GW.

Unit IV marks a significant technology step-up for Jupiter International, strengthening its ability to deliver next-generation, high-efficiency solar cells at scale as the market increasingly shifts toward higher efficiency benchmarks and performance-led procurement.

This milestone builds on Jupiter’s recent expansion at Baddi, where the company added 1 GW of mono PERC solar cell manufacturing capacity earlier this year, taking its total installed capacity to nearly 2 GW. TOPCon technology is widely regarded as the next phase of mainstream solar cell manufacturing, offering higher efficiency potential and improved long-term performance. With Unit IV, Jupiter accelerates its transition from scaling capacity to scaling advanced manufacturing capabilities.

“Commencement of production at Unit IV baddi will be a defining step in Jupiter’s technology journey. By bringing 1.25 GW of TOPCon capacity into production, we are scaling next-generation cell technology that raises the bar on efficiency and long-term performance. We are doing this with a clear focus on manufacturing excellence, sustainability consciousness, and high-skilled job creation. It provides a technology platform on which jupiter is scaling up to build a 3 GW TopCon ++ performance fab to be commissioned in Nagpur at the end of the year, said Mr. Dhruv Sharma, Chief Executive Officer, Jupiter International Limited.

The ramp-up of Unit IV has been anchored in a quality-first, sustainability-conscious manufacturing approach, supported by disciplined process controls and manufacturing systems designed for consistent output at scale. The expansion is also expected to strengthen local economic impact in Himachal Pradesh, supporting a growing pipeline of high-skilled green jobs across production, process engineering, automation, quality, maintenance and EHS—backed by structured training and capability building.

With the Unit IV, Jupiter International continues to deepen its role in India’s clean energy transition by strengthening domestic solar cell capability and accelerating high-efficiency technology adoption at scale.

Navitas Solar Announces Rs. 1,500 Crore Integrated Manufacturing Expansion in Gujarat with 3.6 GW Cell Line and Pilot Wafer & Ingot Line

• Expansion marks Navitas Solar’s strategic move towards deeper backward integration across the solar manufacturing value chain.
• Aligned with ALMM List-II implementation, the project strengthens domestic value addition and supports India's solar manufacturing ambitions.

Navitas Solar, one of India's leading solar manufacturers, today announced a proposed investment of approximately INR 1,500 crore towards an integrated manufacturing expansion in Gujarat. The project includes a 3.6 GW high-efficiency solar cell manufacturing facility and a pilot wafer & ingot line, marking a significant step in the company's strategy to deepen backward integration and strengthen India's domestic solar manufacturing ecosystem.

The proposed expansion is designed to enhance domestic value addition, reduce long-term dependence on imported components and support India’s broader clean energy and manufacturing ambitions. The project will be developed in phases, with Phase I targeted for commissioning in 2027 and subsequent capacity additions planned thereafter, subject to market conditions and project readiness.

As part of the project, civil work covering over 10 lakh sq. ft. is currently underway. Navitas Solar has put in place the required technology tie-up for the planned manufacturing line and appointed senior leadership to spearhead the new business vertical. The company is further strengthening its project execution, manufacturing, technology and quality functions with experienced talent to support the successful implementation of the expansion and its long-term growth plans.

The cell manufacturing facility is being designed as a highly automated and future-ready production platform capable of supporting next-generation solar technologies. The manufacturing line will be developed with upgradeability and flexibility to adapt to evolving technology pathways, including potential transitions to advanced cell architectures, subject to market and technology readiness.

Along with this investment, a strategic pilot wafer & ingot line is planned in 2027 as a part of its long-term roadmap for deeper backward integration. The initiative is expected to strengthen internal capabilities, enhance technology understanding and support future localization requirements across the solar value chain.

Commenting on the development, Mr. Vineet Mittal, Director Finance & Strategy, Navitas Solar, said, “India’s clean energy transition requires strong domestic manufacturing capabilities across the entire solar value chain. Our planned integrated manufacturing expansion in Gujarat is a strategic step towards building a future-ready platform across modules, cells and deeper backward integration. With civil work underway, technology partnership in place, key government approvals secured and senior leadership appointed to drive the project, we are progressing with a clear focus on execution, quality, innovation and long-term competitiveness. This expansion reflects our commitment to strengthening India's manufacturing ecosystem, enhancing supply-chain resilience and supporting the country's vision of becoming a global clean energy manufacturing hub."

The expansion comes at a pivotal time for India’s solar sector, following the Government’s implementation of the ALMM List-II framework for solar PV cells. As domestic module manufacturing capacity continues to expand, the availability of approved domestic solar cells is becoming a critical factor for project planning, supply-chain security and long-term competitiveness. Navitas Solar’s proposed 3.6 GW cell facility is aligned with this national policy direction and is expected to support the industry’s transition towards higher domestic value addition, reduced import dependence and stronger clean energy self-reliance.

The project is expected to generate nearly 1,000 employment opportunities across manufacturing, engineering, operations, project execution, quality assurance and research functions, while also creating significant indirect employment across logistics, ancillary industries and supporting services. Navitas Solar currently has an annual solar module manufacturing capacity of 3 GW and offers a comprehensive portfolio of Mono PERC and high-efficiency TOPCon modules ranging from 40W to 720W. The company also has upstream integration through its subsidiary, Navitas Alpha Renewables Pvt. Ltd., which manufactures solar encapsulants, further strengthening the group’s position across the solar manufacturing ecosystem.

With this planned Rs. 1,500 crore investment, Navitas Solar is taking a significant step towards becoming a more integrated, technology-driven and future-ready solar manufacturer, reinforcing its long-term commitment to innovation, self-reliance and India’s clean energy future.

About Navitas Solar

Founded in 2013 and headquartered in Surat, Gujarat, Navitas Solar is one of India’s leading solar module manufacturers with an annual manufacturing capacity of 3 GW. The company specializes in Mono PERC and high-efficiency TOPCon solar modules ranging from 40W to 720W. Navitas Solar is among the few solar manufacturing companies in India with backward and forward integration capabilities through its subsidiary, Navitas Alpha Renewables Pvt. Ltd., which manufactures solar encapsulants, and offers EPC services through its subsidiary Navitas Planet Pvt. Ltd.

The company is committed to delivering high-quality, technologically advanced solar solutions that contribute to India’s clean energy transition and sustainable growth. To know more, visit https://navitassolar.com/