Solarium Commissions One Gigawatt Solar Module Plant

20 Mar 2026 CW Team

The technologically advanced plant is capable of producing large-format G12 solar modules of up to approximately 725 Wp and will manufacture high-efficiency crystalline silicon solar photovoltaic modules using TOPCon cells, half-cut cells and bifacial designs. High-precision imported equipment includes tabber-stringers, laminators and sun simulators to support production. Solar modules typically account for 50–60 per cent of total engineering, procurement and construction project costs and the facility is expected to reduce dependency on third-party suppliers.

At an assumed plant utilisation of 85 per cent the operation has the potential to generate annual revenues exceeding Rs 10 bn subject to prevailing market conditions and module pricing if modules are sold externally. The facility will serve both internal requirements and external customers, including other engineering, procurement and construction players and the broader business-to-business market. Captive consumption is expected to accelerate execution timelines and improve margins thereby strengthening Solarium's supply chain and positioning it as an integrated solar solutions provider.

Company executives noted that the plant was delivered in under nine months reflecting strong execution capabilities and readiness to scale manufacturing. The commissioning is anticipated to support margin improvement across the company's rooftop solar engineering, procurement and construction business through captive module use and potential market sales. Further engagement with consultants and investors has been indicated for market outreach and investor relations.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Solarium Green Energy Limited (Solarium) has commissioned a solar module manufacturing facility with an installed capacity of one gigawatt (GW, 1,000 MW) in Ahmedabad, Gujarat. The plant was established as part of the company's backward integration strategy announced in June 2025. The facility was built with fully automated latest-generation manufacturing machinery at an estimated capital expenditure of approximately Rs 900 mn excluding working capital. The technologically advanced plant is capable of producing large-format G12 solar modules of up to approximately 725 Wp and will manufacture high-efficiency crystalline silicon solar photovoltaic modules using TOPCon cells, half-cut cells and bifacial designs. High-precision imported equipment includes tabber-stringers, laminators and sun simulators to support production. Solar modules typically account for 50–60 per cent of total engineering, procurement and construction project costs and the facility is expected to reduce dependency on third-party suppliers. At an assumed plant utilisation of 85 per cent the operation has the potential to generate annual revenues exceeding Rs 10 bn subject to prevailing market conditions and module pricing if modules are sold externally. The facility will serve both internal requirements and external customers, including other engineering, procurement and construction players and the broader business-to-business market. Captive consumption is expected to accelerate execution timelines and improve margins thereby strengthening Solarium's supply chain and positioning it as an integrated solar solutions provider. Company executives noted that the plant was delivered in under nine months reflecting strong execution capabilities and readiness to scale manufacturing. The commissioning is anticipated to support margin improvement across the company's rooftop solar engineering, procurement and construction business through captive module use and potential market sales. Further engagement with consultants and investors has been indicated for market outreach and investor relations.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..