Insolation Energy begins Work on 4.5 GW Solar Cell Plant

28 Aug 2025 CW Team

Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has commenced construction of its 4.5 GW solar cell and 18,000 MT aluminium frame manufacturing facility in the Power and Renewable Energy Equipment Zone at Narmadapuram, Madhya Pradesh.

Spread across 45 acres, the project entails an investment of about Rs 16 billion. It marks the company’s fourth manufacturing facility and the first outside Rajasthan.

According to Manish Gupta, Chairman and Whole-Time Director at Insolation Energy, the new plant will significantly strengthen the company’s ability to meet rising demand across India.

The company has also started commercial production at its solar module manufacturing unit in Jaipur, Rajasthan. With an annual capacity of 3 GW of n-type and ToPCon solar modules and 12,000 MT of aluminium frames, Insolation Energy’s total operational solar module capacity has reached 4 GW.

Cumulatively, the company aims to expand to 8 GW of solar modules, 3 GW of solar cells, and 54,000 MT of aluminium frame manufacturing by FY 2027.

The Ministry of New and Renewable Energy recently included solar cells in the Approved List of Models and Manufacturers (ALMM) List-II, effective June 1, 2026. The first ALMM List-II, featuring nine domestic manufacturers with a cumulative annual capacity of 13,067 MW, was published earlier this month.

India added 25.3 GW of solar module capacity and 11.6 GW of solar cell capacity in 2024, according to Mercom’s State of Solar PV Manufacturing in India 2025 report.

News source: Mercom India

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..