Jakson Engineers invest Rs 20 billion in 2,500 MW solar cell facility

08 Oct 2024 CW Team

Jakson Engineers Ltd (JEL), part of the Jakson Group, has announced an investment of approximately Rs 20 billion to establish a 2,500 MW solar cell manufacturing facility. The project will be developed in two phases, with the first phase set to be completed within the next 15 months. Concurrently, the company is expanding its existing solar module production capacity to 2,000 MW, with the expansion expected to be completed in six months.

The new facility and expansion are projected to create 1,200 jobs and strengthen JEL’s position as a fully integrated solar solutions provider. “This expansion not only strengthens our market position but also underscores Jakson’s commitment to growth and sustainability,” said Sundeep Gupta, Vice Chairman & Managing Director of Jakson Group.

India’s current solar cell manufacturing capacity stands at 7 GW, and Jakson’s initiative aims to help bridge the gap between domestic production and imports. The investment aligns with India’s objective of achieving self-reliance in renewable energy and meeting its Net Zero emissions target.

The new facility will incorporate advanced TOPCON technology to enhance efficiency and reliability. This expansion will also bolster JEL’s backward integration capabilities, offering greater value to customers while supporting India’s clean energy transition. As part of its long-term growth strategy, Jakson aims to eventually scale up its capacity to 5,000 MW. (ET)

Jakson Engineers invest Rs 20 billion in 2,500 MW solar cell facility

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Suzlon Wind Projects Signal New Phase in Andhra Clean Energy

POWER & RENEWABLE ENERGY

31 Aug 2026

Suzlon Wind Projects Signal New Phase in Andhra Clean Energy

Gujarat Issues Tender To Solarise Government Buildings

POWER & RENEWABLE ENERGY

31 Aug 2026

Gujarat Issues Tender To Solarise Government Buildings

Gold Stories

POWER & RENEWABLE ENERGY

01 Jul 2026

Beyond Backup Power

POWER & RENEWABLE ENERGY

01 Apr 2026

The next five years will expose the capability gap in transmission EPC

POWER & RENEWABLE ENERGY

01 Mar 2026

QuantE’s Zero-Capex Solar Slashes Housing Bills by 50%

Infrastructure Urban

31 Aug 2026

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker. The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Equipment

31 Aug 2026

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Infrastructure Urban

31 Aug 2026

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..