- Saatvik Solar has signed an MoU with the
Government of Odisha to establish a 3.6 GW solar cell manufacturing
facility at Gopalpur, Ganjam district.
- Proposed facility is expected to create
employment opportunities while contributing to the growth of Odisha’s
renewable energy manufacturing ecosystem.
- MoU builds on Saatvik Solar’s ongoing
manufacturing development at Gopalpur, with Phase I comprising 2.4 GW of
cell and 4 GW of module manufacturing capacity, alongside the proposed 3.6
GW Phase II expansion.
- Development reinforces Saatvik Solar’s
long-term focus on expanding domestic manufacturing capabilities and
building a more integrated and resilient solar value chain in India.
New Delhi:
Saatvik
Solar Industries Private Limited has signed a Memorandum of Understanding (MoU)
with the Industrial Promotion and Investment Corporation of Odisha Limited
(IPICOL), Government of Odisha, for setting up a 3.6 GW Solar Cell
Manufacturing Facility at Gopalpur in Ganjam district, Odisha.
The proposed facility marks
an important step in Saatvik Solar’s plans to further expand its manufacturing
capabilities in Odisha and contribute to the development of the state’s
renewable energy manufacturing ecosystem. The project is also expected to create
employment opportunities and support the development of the wider industrial
ecosystem in the region.
The new facility will form
part of Saatvik Solar’s broader manufacturing development at Gopalpur, where
the company is already progressing with its Phase I integrated manufacturing
facility. Phase I has achieved key construction and installation milestones and
is now advancing towards commissioning. Tool installation is progressing well,
with ramp-up set to commence shortly marking a significant step towards
operational readiness.
Gopalpur
Manufacturing Development Progresses Towards Commissioning
Saatvik Solar’s Phase I
manufacturing facility at Gopalpur has made substantial progress, with major
construction and infrastructure works completed and equipment installation and
testing activities advancing across the facility.
The company has also
completed key power infrastructure milestones, with the dedicated 220 kV
substation ready for charging. Manufacturing lines are progressing through the
final stages of installation, testing, validation and process readiness, with
the company moving towards the next stage of operations.
The cell line is on track
for ramp-up shortly, marking a key step towards operational readiness, with the
ALMM-II inspection planned for September—bringing the facility closer to
full-scale commercialisation.
Commenting on the
milestone, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited said, “Odisha
is more than a manufacturing milestone for Saatvik; it is a statement of our
ambition. As our 2.4 GW cell and 4 GW module manufacturing lines move towards
production, we are taking a decisive step towards building scale, strengthening
integration and creating the foundation for our next phase of robust growth. India’s
clean energy opportunity is enormous, and we intend to play a defining role in
it. Our ambition is to build manufacturing capabilities that are globally
competitive, technologically advanced and deeply aligned with India’s journey
towards energy security and self-reliance. Building on the momentum of Phase I,
we are advancing plans for a further 3.6 GW Phase II expansion at Gopalpur,
which will significantly scale our integrated manufacturing footprint and
strengthen our ability to meet the growing demand for domestically manufactured
solar products. With Phase II targeted for commercial production by FY28, we
are preparing for the next leap in scale. The future we see is one where India
is not only a major consumer of clean energy, but a global manufacturing
powerhouse for it. Saatvik is determined to help build that future by investing
in capacity, technology and excellence today and creating a stronger, more
resilient and more sustainable energy ecosystem for tomorrow.”
Alongside the progress of
Phase I, Saatvik Solar is advancing plans for the next phase of development at
Gopalpur, which will further scale its integrated manufacturing capabilities.
The Phase II 3.6 GW cell capacity expansion is being planned to support the
growing demand for domestically manufactured solar products and deepen the
company’s presence across the solar value chain.
The company’s phased
development at Gopalpur reflects its long-term approach towards building an
integrated and technologically advanced solar manufacturing ecosystem, with a
focus on scale, operational excellence, quality and supply chain resilience.