"Indosol Solar Begins PV Module Production at Ramayapatnam Facility"

Indosol Solar Private Ltd, a subsidiary of Shirdi Sai Electricals (SSEL), has achieved a significant milestone with the commencement of production at its solar PV module manufacturing plant located in Ramayapatnam, Nellore, Andhra Pradesh.

The facility, which began operations on March 31, 2024, underscores Indosol's dedication to delivering high-quality solar products and contributing to India's self-reliance in solar energy, the company stated.

In its initial phase, the facility boasts the capacity to manufacture 500 megawatts (MW) of fully automated solar photovoltaic (PV) modules, featuring various glass-glass and glass-back sheet combinations, including advanced technologies such as TOPCon (tunnel oxide passivated contact) and HJT (heterojunction).

Indosol plans to invest ₹1,300 crore in the initial development phase, utilizing 30 acres of allocated land. Upon completion, the Ramayapatnam facility aims to become the world's first fully-integrated quartz-to-module manufacturing plant, with a projected capacity of 30 gigawatts (GW) upstream and 20 GW downstream facilities. The project is slated to unfold over the next five years in multiple phases.

The integrated project will encompass 8,348 acres, including ancillary industries, residential areas, common infrastructure like roads and power facilities, a desalination plant with a capacity of 100 million liters per day (MLD), and designated green spaces, excluding land required for captive power generation.

Phase 1A of the project, scheduled for completion by December 2024, will include manufacturing capacities for 500MW modules, 500MW cells, and 500MW ingot-wafers, generating employment opportunities for 800 individuals.

The entirety of Phase 1, with a production capacity of around 5GW, is slated for completion by 2025, requiring an investment of ₹15,000 crore. Additionally, the facility will internally produce 5GW of glass panels, a crucial raw material for the modules.

Indosol Solar aims to achieve full production capacity of the Ramayapatnam facility by 2028, contributing significantly to India's renewable energy sector and fostering economic growth in the region.

HBL