Jakson Engineers to Set up Rs 80 Bn Solar Manufacturing Hub in Madhya Pradesh

28 Aug 2025 CW Team

The project will be developed in two phases across 110 acres recently allotted to the company. In Phase I, Jakson will commission 3 GW of solar modules and 3 GW of solar cells with an investment of Rs 20 billion. Phase II will add a 6 GW solar wafer unit along with an additional 3 GW each of modules and cells, involving an investment of over Rs 60 billion. The first solar modules are expected by May 2026, followed by cells in September 2026, in line with India’s vision of Aatmanirbhar Bharat.

“This is a momentous occasion for our company and a major leap forward for India's renewable energy sector,” said Sundeep Gupta, Vice Chairman of Jakson Group. “Our investment in Maksi is testament to our unwavering commitment to 'Make in India' and directly supports the nation's ambitious clean energy targets. We are confident that with the support of the Madhya Pradesh government, this plant will become a beacon of technological excellence and a catalyst for creating green jobs.”

Highlighting the strategic importance of the facility, Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, said, “The global demand for solar energy is soaring. Our fully integrated facility and unique 'four-in-one' business model as a manufacturer, developer, EPC, and O&M provider, aims to contribute to meeting India's energy needs and help position the country as a global solar leader. This allows us to ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance.”

Madhya Pradesh was chosen for the project due to its central location, strong infrastructure, investor-friendly ecosystem, and renewable energy policies. The plant is expected to generate over 1,000 jobs during construction and employ about 1,400 people once operational, contributing to socio-economic development in the region.

News source: Saur Energy

Jakson Engineers, part of the Jakson Group, has announced an investment of over Rs 8,000 crore to establish a 6 GW integrated solar module, cell and wafer plant at Maksi Phase II, Madhya Pradesh. This marks the largest solar manufacturing investment in the state to date.The project will be developed in two phases across 110 acres recently allotted to the company. In Phase I, Jakson will commission 3 GW of solar modules and 3 GW of solar cells with an investment of Rs 20 billion. Phase II will add a 6 GW solar wafer unit along with an additional 3 GW each of modules and cells, involving an investment of over Rs 60 billion. The first solar modules are expected by May 2026, followed by cells in September 2026, in line with India’s vision of Aatmanirbhar Bharat.“This is a momentous occasion for our company and a major leap forward for India's renewable energy sector,” said Sundeep Gupta, Vice Chairman of Jakson Group. “Our investment in Maksi is testament to our unwavering commitment to 'Make in India' and directly supports the nation's ambitious clean energy targets. We are confident that with the support of the Madhya Pradesh government, this plant will become a beacon of technological excellence and a catalyst for creating green jobs.”Highlighting the strategic importance of the facility, Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, said, “The global demand for solar energy is soaring. Our fully integrated facility and unique 'four-in-one' business model as a manufacturer, developer, EPC, and O&M provider, aims to contribute to meeting India's energy needs and help position the country as a global solar leader. This allows us to ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance.”Madhya Pradesh was chosen for the project due to its central location, strong infrastructure, investor-friendly ecosystem, and renewable energy policies. The plant is expected to generate over 1,000 jobs during construction and employ about 1,400 people once operational, contributing to socio-economic development in the region.News source: Saur Energy

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..