Websol Signs MoU For 4 GW Solar Manufacturing Plant In Andhra

18 Nov 2025 CW Team

Websol Energy System Limited, a leading manufacturer of high-efficiency solar cells and modules, has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB).

The MoU, signed through Websol Renewables Private Limited, a wholly owned subsidiary of Websol, marks the initial step in exploring the development of a 4 GW integrated solar cell and module manufacturing facility in Andhra Pradesh.

Speaking on the development, Mr Sohan Lal Agarwal, Managing Director of Websol Energy System, said the agreement represents a significant milestone in the company’s strategic expansion. He noted that Websol announced its plan in September 2025 to set up the 4 GW solar facility in two phases, which will take its total capacity to 5.2 GW. With more than three decades of technical expertise in solar-cell manufacturing, Websol aims to scale up production of high-efficiency solar products for customers across India.

Mr Agarwal added that this investment phase underscores Websol’s commitment to supporting India’s clean-energy ambitions and creating long-term value for all stakeholders

"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."

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..