Jakson Group is set to invest ₹6,863 crore in an integrated solar manufacturing plant in Andhra Pradesh's Kurnool district to deploy 10 GW of silicon ingots and wafers and 5 GW of solar cells. As per the sources reported by ET, the Andhra Pradesh State Investment Promotion Board, chaired by CM N Chandrababu Naidu, recommended allocating 290 acres to Jakson Integrated Solar for the project.
The initiative will be executed in three stages, the initial stage aiming to commence commercial production in May 2028 with capacity for 3 GW of ingots and wafers and 3 GW of solar cells. The remaining capacity will potentially come on board by 2030.
"Andhra Pradesh is committed to building a world-class solar manufacturing ecosystem, backed by cutting-edge research, innovation and a highly skilled workforce," said Andhra Pradesh HRD, IT and electronics minister Nara Lokesh. "Our ambition is to make the state a leading hub for advanced solar manufacturing and clean-energy technologies."
