Websol to invest Rs 3,538 crore in 8 GW solar manufacturing plant in Tirupati, create 2,000 jobs
The total investment of the project is said to be Rs 3,538 crore and will provide direct employment for nearly 2,000 people, the government said
By - Newsmeter Network |
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Amaravati: The Andhra Pradesh Government has approved a landmark greenfield investment by Websol Renewable Private Limited for setting up a fully integrated 8 GW solar manufacturing facility (4 GW solar cells + 4 GW solar modules) at MPSEZ–Naidupeta in Tirupati district.
Operationalisation set for July 2027
The total investment of the project is said to be Rs 3,538 crore and will provide direct employment for nearly 2,000 people, the government said.
The project will be developed in two phases over 120 acres, with commercial production scheduled from July 2027 and July 2028, making it one of the largest and fastest-grounded solar manufacturing projects in South India.
To ensure globally competitive, low-cost and green operations, the government has also facilitated land for a dedicated captive solar power plant of about 300 acres, enabling Websol to run its manufacturing facility on renewable, self-generated power.
100 MW captive solar power plant
In addition, Websol has announced a 100 MW captive solar power plant as part of the project to ensure energy security and operating cost efficiency.
With this project, Naidupeta and the southern Tamil Nadu industrial corridor are emerging as one of India’s most important solar manufacturing hubs, with Premier Energies, Tata Power and Voltsun also establishing large-scale solar manufacturing facilities in the region.
This clustering is creating a powerful ecosystem of suppliers, logistics, skilled manpower and port connectivity, making South India a globally competitive photovoltaic manufacturing base.
Commenting on the landmark investment, Sohan Lal Agarwal, Chairman and Managing Director, Websol Energy System Limited, said, “As India advances its renewable energy ambitions alongside the Atmanirbhar Bharat initiative, the approval received from the Government of Andhra Pradesh allows Websol to make a meaningful and exciting contribution with its expansion plans. The supportive industrial ecosystem in Andhra Pradesh provides a strong manufacturing platform for executing our 4 GW solar cell and 4 GW solar module growth strategy. We look forward to scaling our presence and contributing to India’s clean-energy future from Naidupeta.”
Welcoming the investment, Nara Lokesh, Minister for Industries, IT and Electronics, said, “Websol’s Rs 3,500-crore, 8-GW integrated solar manufacturing facility is another strong endorsement of Andhra Pradesh’s position as India’s most competitive destination for clean-energy manufacturing. With fast land allotment, single-desk clearances and reliable power infrastructure—including captive green power—we are building a solar manufacturing ecosystem that can compete globally. Naidupeta and the southern Andhra Pradesh belt are now emerging as India’s renewable-energy industrial heartland, and Andhra Pradesh is proud to be at its centre.”
Driving India’s clean-energy manufacturing leadership
The Websol project has been approved under the AP Industrial Development Policy (4.0) 2024–29, with tailor-made incentives covering land, power, water, capital investment support and statutory exemptions, enabling rapid project execution under Andhra Pradesh’s Speed of Doing Business framework.
With large investments now flowing into solar wafers, ingots, cells, modules and green power, Andhra Pradesh is firmly on track to become India’s leading hub for renewable-energy manufacturing, green jobs and export-oriented clean-technology industries.