PVV Infra to Build One Point Two GW TOPCon Plant and One GW Module Unit

16 Feb 2026 CW Team

The MoU provides for joint development, trial production, training, process stabilisation and transfer of manufacturing documentation to support local production. The project will follow a phased development and technology deployment plan targeted for completion within 14-18 months, with further milestones tied to financing closure. PVV Infra indicated that the collaboration is a key step in its transition into advanced renewable energy manufacturing and aims to address the domestic manufacturing gap. The company framed the initiative as part of a vertically integrated clean energy manufacturing ecosystem.

PVV Infra had earlier signed a memorandum of understanding with the Andhra Pradesh government on 15 November 2025 to develop renewable manufacturing infrastructure initially valued at approximately Rs6.5 billion (bn). Following the technology partnership and the expansion of project scope to include integrated manufacturing across cells, modules, energy storage and smart power electronics, the total project value is now proposed to be enhanced to approximately Rs12.5 bn. The expanded figure remains subject to phased implementation, financing closure and execution milestones. Site allocation is planned at the Multiproduct Special Economic Zone in Naidupeta, Tirupati district.

The state government has approved solar cell and module manufacturing projects including a Websol Energy System proposal for a four GW complex. PVV Infra will file detailed project reports and regulatory filings as the partnership progresses. The company expects the manufacturing cluster to augment India’s renewable equipment production capabilities.

PVV Infra has entered a technology collaboration with ITC Services Company Limited of Taiwan under a memorandum of understanding to develop an integrated clean energy manufacturing complex in Andhra Pradesh. The collaboration is intended to provide consultancy, customisation and technology transfer for high efficiency solar cell manufacturing, battery energy storage systems, micro-inverter production, smart power electronics and related renewable products. The company disclosed the arrangement in a regulatory filing that outlined the project scope and intended phased execution. The planned facilities include a one point two GW TOPCon solar cell plant, a one GW solar module assembly unit, battery energy storage system assembly facilities and a micro-inverter manufacturing plant.The MoU provides for joint development, trial production, training, process stabilisation and transfer of manufacturing documentation to support local production. The project will follow a phased development and technology deployment plan targeted for completion within 14-18 months, with further milestones tied to financing closure. PVV Infra indicated that the collaboration is a key step in its transition into advanced renewable energy manufacturing and aims to address the domestic manufacturing gap. The company framed the initiative as part of a vertically integrated clean energy manufacturing ecosystem.PVV Infra had earlier signed a memorandum of understanding with the Andhra Pradesh government on 15 November 2025 to develop renewable manufacturing infrastructure initially valued at approximately Rs6.5 billion (bn). Following the technology partnership and the expansion of project scope to include integrated manufacturing across cells, modules, energy storage and smart power electronics, the total project value is now proposed to be enhanced to approximately Rs12.5 bn. The expanded figure remains subject to phased implementation, financing closure and execution milestones. Site allocation is planned at the Multiproduct Special Economic Zone in Naidupeta, Tirupati district.The state government has approved solar cell and module manufacturing projects including a Websol Energy System proposal for a four GW complex. PVV Infra will file detailed project reports and regulatory filings as the partnership progresses. The company expects the manufacturing cluster to augment India’s renewable equipment production capabilities.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Building Material

03 Apr 2026

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Infrastructure Urban

01 Mar 2026

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..