Websol To Invest Rs 35.38 Billion In Andhra Solar Plant
POWER & RENEWABLE ENERGY

Websol To Invest Rs 35.38 Billion In Andhra Solar Plant

Websol Renewable Private Limited will invest Rs 35.38 billion to set up an 8 GW integrated solar manufacturing facility in Andhra Pradesh, reinforcing the state’s ambition to emerge as a major clean-energy manufacturing hub.

The Government of Andhra Pradesh has approved the greenfield project at MPSEZ–Naidupeta in Tirupati district. The facility will comprise 4 GW of solar cell capacity and 4 GW of solar module capacity, according to a state government order.

The project is expected to generate direct employment for around 2,000 people. It will be developed in two phases across about 120 acres, with commercial production scheduled to begin in July 2027 and July 2028. To ensure low-cost and sustainable operations, the state has also facilitated land for a dedicated captive solar power plant spread over roughly 300 acres. In addition, Websol plans to install a 100 MW captive solar power plant as part of the project.

Naidupeta and the southern Andhra Pradesh–Tamil Nadu industrial corridor are emerging as a key solar manufacturing cluster, with companies such as Premier Energies, Tata Power and Voltsun also establishing large-scale facilities in the region. The area benefits from port connectivity, improving logistics infrastructure and a growing supplier ecosystem.

As part of the approval, the state has extended a customised incentive package under the AP Industrial Development Policy 2024–29. This includes allotment of 123.45 acres of land at a concessional rate of Rs 6 million per acre, an investment subsidy of 48.5 per cent of fixed capital investment capped at Rs 15.53 billion to be disbursed over 10 years, power tariff reimbursement of Rs 1 per unit for 10 years capped at Rs 2.02 billion, exemption from electricity duty for a decade, a 75 per cent subsidy on industrial water charges and full exemption from stamp duty.

Sohan Lal Agarwal, chairman and managing director of Websol Energy System, said the investment would support India’s renewable energy ambitions and the Atmanirbhar Bharat initiative. He added that Andhra Pradesh’s supportive industrial ecosystem offers a strong platform for executing the company’s 4 GW solar cell and 4 GW solar module expansion strategy.

Welcoming the investment, Nara Lokesh, minister for industries, IT and electronics, said the project was a strong endorsement of Andhra Pradesh’s position as a competitive destination for clean-energy manufacturing. He noted that fast land allotment, single-desk clearances and reliable power infrastructure, including captive green power, are helping build a globally competitive solar manufacturing ecosystem.

The project will significantly expand Websol’s manufacturing footprint from its existing capacity of 1.2 GW in solar cells and 550 MW in solar modules, positioning the company for growth amid rising domestic demand for photovoltaic equipment. Officials said the investment further strengthens Andhra Pradesh’s trajectory towards becoming a leading hub for renewable energy manufacturing, green jobs and export-oriented clean technology industries.

Websol Renewable Private Limited will invest Rs 35.38 billion to set up an 8 GW integrated solar manufacturing facility in Andhra Pradesh, reinforcing the state’s ambition to emerge as a major clean-energy manufacturing hub. The Government of Andhra Pradesh has approved the greenfield project at MPSEZ–Naidupeta in Tirupati district. The facility will comprise 4 GW of solar cell capacity and 4 GW of solar module capacity, according to a state government order. The project is expected to generate direct employment for around 2,000 people. It will be developed in two phases across about 120 acres, with commercial production scheduled to begin in July 2027 and July 2028. To ensure low-cost and sustainable operations, the state has also facilitated land for a dedicated captive solar power plant spread over roughly 300 acres. In addition, Websol plans to install a 100 MW captive solar power plant as part of the project. Naidupeta and the southern Andhra Pradesh–Tamil Nadu industrial corridor are emerging as a key solar manufacturing cluster, with companies such as Premier Energies, Tata Power and Voltsun also establishing large-scale facilities in the region. The area benefits from port connectivity, improving logistics infrastructure and a growing supplier ecosystem. As part of the approval, the state has extended a customised incentive package under the AP Industrial Development Policy 2024–29. This includes allotment of 123.45 acres of land at a concessional rate of Rs 6 million per acre, an investment subsidy of 48.5 per cent of fixed capital investment capped at Rs 15.53 billion to be disbursed over 10 years, power tariff reimbursement of Rs 1 per unit for 10 years capped at Rs 2.02 billion, exemption from electricity duty for a decade, a 75 per cent subsidy on industrial water charges and full exemption from stamp duty. Sohan Lal Agarwal, chairman and managing director of Websol Energy System, said the investment would support India’s renewable energy ambitions and the Atmanirbhar Bharat initiative. He added that Andhra Pradesh’s supportive industrial ecosystem offers a strong platform for executing the company’s 4 GW solar cell and 4 GW solar module expansion strategy. Welcoming the investment, Nara Lokesh, minister for industries, IT and electronics, said the project was a strong endorsement of Andhra Pradesh’s position as a competitive destination for clean-energy manufacturing. He noted that fast land allotment, single-desk clearances and reliable power infrastructure, including captive green power, are helping build a globally competitive solar manufacturing ecosystem. The project will significantly expand Websol’s manufacturing footprint from its existing capacity of 1.2 GW in solar cells and 550 MW in solar modules, positioning the company for growth amid rising domestic demand for photovoltaic equipment. Officials said the investment further strengthens Andhra Pradesh’s trajectory towards becoming a leading hub for renewable energy manufacturing, green jobs and export-oriented clean technology industries.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement