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SAEL to invest ₹8,200 crore to build solar mfg plant in UP
Hindustan Times West UP
|July 15, 2025
Indian renewable energy firm SAEL Industries Ltd will invest ₹8,200 crore ($954.04 million) to build a 5-gigawatt (GW)-per-year integrated solar cell and module manufacturing facility in the northern state of Uttar Pradesh, the company said on Monday.
Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 Gw.
Construction is expected to begin this year.
The move aligns with India’s push to localise solar manufacturing. From June 2026, only domestically made solar cells from approved manufacturers will be allowed in government projects.
Diese Geschichte stammt aus der July 15, 2025-Ausgabe von Hindustan Times West UP.
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