Gautam Solar Invests Rs 10 Billion in Solar Cell Manufacturing Venture
POWER & RENEWABLE ENERGY

Gautam Solar Invests Rs 10 Billion in Solar Cell Manufacturing Venture

Gautam Solar, a New Delhi-based solar module manufacturer, has announced an investment of Rs 10 billion to enter the solar cell manufacturing sector, establishing a 2 GW solar cell facility. The company intends to include its solar cells in the Approved List of Models and Manufacturers (ALMM) and plans to produce N-type TopCon technology solar cells at this new facility.

This initiative aims to meet the increasing demand for domestic content requirement (DCR) panels, which are essential for government-backed subsidy projects that require locally manufactured components. According to previous reports from Mercom, India's ambitious solar energy goals are currently facing challenges due to a lack of domestically produced solar modules.

Gautam Solar has secured a 60-acre land parcel in Bhiwani, Haryana, for manufacturing solar panels and raw materials. This expansion will complement the company's existing solar module manufacturing plant in Haridwar and the upcoming module manufacturing expansion in Bhiwani.

The CEO of Gautam Solar, Gautam Mohanka, stated that the new 2 GW solar cell manufacturing plant aligns with the Ministry of New and Renewable Energy's (MNRE) guidelines to promote indigenous manufacturing of solar cells. He emphasised that the company is strengthening its manufacturing capabilities by integrating solar cell production into its existing operations.

Gautam Solar, a New Delhi-based solar module manufacturer, has announced an investment of Rs 10 billion to enter the solar cell manufacturing sector, establishing a 2 GW solar cell facility. The company intends to include its solar cells in the Approved List of Models and Manufacturers (ALMM) and plans to produce N-type TopCon technology solar cells at this new facility. This initiative aims to meet the increasing demand for domestic content requirement (DCR) panels, which are essential for government-backed subsidy projects that require locally manufactured components. According to previous reports from Mercom, India's ambitious solar energy goals are currently facing challenges due to a lack of domestically produced solar modules. Gautam Solar has secured a 60-acre land parcel in Bhiwani, Haryana, for manufacturing solar panels and raw materials. This expansion will complement the company's existing solar module manufacturing plant in Haridwar and the upcoming module manufacturing expansion in Bhiwani. The CEO of Gautam Solar, Gautam Mohanka, stated that the new 2 GW solar cell manufacturing plant aligns with the Ministry of New and Renewable Energy's (MNRE) guidelines to promote indigenous manufacturing of solar cells. He emphasised that the company is strengthening its manufacturing capabilities by integrating solar cell production into its existing operations.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement