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)

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..