Amp Energy, Websol enter JV for 1.2 GW solar cells, modules

23 Sep 2022 CW Team

Amp Energy India plans of manufacturing 1.2 GW solar cells and modules through a joint venture company in partnership with Websol Energy Systems.

"Amp Energy plans JV with Websol Energy for 1.2 GW solar module and cells production. It is proposed to set up the (module and cell) unit in a JV company in which Websol will hold 51 per cent and Amp Energy will hold the 49 per cent,” it said.

The companies have already entered into a term sheet for establishment of a JV for production of monocrystalline PERC (Passivated Emitter and Rear Contact) solar cells and modules in two phases of 600 MW each at Websol's existing unit at Falta in West Bengal.

The term sheet is subject to both parties agreeing on certain commercial terms and definitive agreements, according to company statement.

Amp Energy India is a renewable energy independent power producer with a total portfolio of over 2 gigawatt (GW) spread across 15 states in the country.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..