Electonics & Semiconductors | Utility Scale Solar PV | Investments
Indosol Solar, a subsidiary of Shirdi Sai Electricals Ltd, is investing. 25,000 crore to establish a 10GW solar PV module manufacturing facility in Ramayapatnam, Andhra Pradesh. The first phase, with an investment of? 15,000 crore, will produce 4GW, with the remaining 6GW in subsequent phases. Supported by the Production Linked Incentive (PLI) scheme, the project aims to reduce dependence on imported solar technology and generate significant employment. The facility features advanced automation and imported technology, emphasizing Indosol's commitment to innovation and sustainability in India's solar energy sector.