+
Websol Approves Rs 30 Billion Solar Expansion Plan
POWER & RENEWABLE ENERGY

Websol Approves Rs 30 Billion Solar Expansion Plan

Websol Energy System Ltd has announced a major phased expansion of its solar manufacturing capacity through a Rs 30 billion investment via a wholly owned subsidiary. The plan includes adding 4 GW of solar cells and 4 GW of solar modules, significantly bolstering Websol’s role in India’s clean energy transition.

The expansion builds upon the company’s existing facilities at Falta, West Bengal, where it operates a 600 MW solar cell line and a 550 MW solar module line. These are currently running at approximately 90 per cent capacity utilisation. An additional 600 MW solar cell line (Phase II), funded entirely through internal accruals, is expected to be operational by October 2025, bringing Websol’s solar cell capacity to 1.2 GW.

To meet growing demand, the Board has approved two new phases:
  • Phase III: Addition of 2 GW solar cell and 2 GW solar module lines by June 2027
  • Phase IV: Addition of another 2 GW each of solar cell and module lines by June 2028
These will incorporate Topcon (Tunnel Oxide Passivated Contact) technology, known for its high efficiency, and will be funded through internal accruals and institutional financing.
With these additions, Websol’s total manufacturing capacity will reach 5.2 GW for solar cells and 4.5 GW for modules by 2028—making a substantial contribution towards India’s national target of 280 GW of solar power by 2030.

Stock Split Announcement
The Board also approved a 1:10 stock split, subject to shareholder approval at the Annual General Meeting scheduled for 29 September 2025.

Leadership Statement
Mr Sohan Lal Agarwal, Managing Director of Websol Energy, stated:
“This expansion reflects our commitment to technology leadership and scaling solar manufacturing in India. We are not just growing capacity—we’re building a future-ready, integrated value chain that will support India’s renewable energy ambitions.”
Websol’s continued investments in advanced solar infrastructure mark a significant step in localising high-efficiency solar manufacturing, promoting sustainability, and increasing energy self-reliance in India.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Websol Energy System Ltd has announced a major phased expansion of its solar manufacturing capacity through a Rs 30 billion investment via a wholly owned subsidiary. The plan includes adding 4 GW of solar cells and 4 GW of solar modules, significantly bolstering Websol’s role in India’s clean energy transition.The expansion builds upon the company’s existing facilities at Falta, West Bengal, where it operates a 600 MW solar cell line and a 550 MW solar module line. These are currently running at approximately 90 per cent capacity utilisation. An additional 600 MW solar cell line (Phase II), funded entirely through internal accruals, is expected to be operational by October 2025, bringing Websol’s solar cell capacity to 1.2 GW.To meet growing demand, the Board has approved two new phases:Phase III: Addition of 2 GW solar cell and 2 GW solar module lines by June 2027Phase IV: Addition of another 2 GW each of solar cell and module lines by June 2028These will incorporate Topcon (Tunnel Oxide Passivated Contact) technology, known for its high efficiency, and will be funded through internal accruals and institutional financing.With these additions, Websol’s total manufacturing capacity will reach 5.2 GW for solar cells and 4.5 GW for modules by 2028—making a substantial contribution towards India’s national target of 280 GW of solar power by 2030.Stock Split AnnouncementThe Board also approved a 1:10 stock split, subject to shareholder approval at the Annual General Meeting scheduled for 29 September 2025.Leadership StatementMr Sohan Lal Agarwal, Managing Director of Websol Energy, stated:“This expansion reflects our commitment to technology leadership and scaling solar manufacturing in India. We are not just growing capacity—we’re building a future-ready, integrated value chain that will support India’s renewable energy ambitions.”Websol’s continued investments in advanced solar infrastructure mark a significant step in localising high-efficiency solar manufacturing, promoting sustainability, and increasing energy self-reliance in India.

Next Story
Infrastructure Transport

AXISCADES Secures USD 1.2 Mn Orders in Aircraft Interiors

AXISCADES Technologies Ltd, a leading technology solutions company serving the aerospace and defence sectors, has announced two significant pilot orders worth USD 1.2 million in the aircraft cabin interiors segment. The orders have been awarded by a global aerospace original equipment manufacturer (OEM) and a renowned aircraft cabin interior company headquartered in Europe and the USA.These contracts mark AXISCADES’ strategic expansion into the design, development, and retrofit of aircraft interiors, a high-growth area driven by increasing demand for cabin modernisation and enhanced passenge..

Next Story
Infrastructure Urban

Fortis Leases 200-Bed Hospital in Greater Noida

Fortis Healthcare Ltd has announced that its wholly owned subsidiary, International Hospital Ltd (IHL), has entered into a 15-year lease agreement with RR Lifesciences Ltd for a 200-bed operational multi-specialty hospital in Greater Noida. Previously managed by Fortis under an operations and management (O&M) arrangement since October 2022, the facility will now function as Fortis Hospital Greater Noida under the company’s direct operational and financial control.The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expandin..

Next Story
Infrastructure Urban

Syrma SGS, Elemaster Launch JV for Rail, Medtech Electronics

Syrma SGS Technology Ltd, a prominent Indian electronics systems design and manufacturing company, has entered into a joint venture with Italy-based Elemaster S.p.A Tecnologie Elettroniche, a global leader in electronics design and manufacturing. The JV will operate under Syrma SGS Design and Manufacturing Pvt Ltd, soon to be renamed Syrma SGS Elemaster Pvt Ltd.This strategic partnership aims to establish a dedicated India-focused platform serving high-reliability sectors such as railways, industrial electronics, and medical technology. The initial manufacturing unit will be located in Bommasa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?