Jakson Engineers to invest Rs 8,000 crore to set up 6-GW integrated solar manufacturing plant in MP
Jakson Engineers will invest over Rs 8,000 crore to establish a 6 GW integrated solar manufacturing plant in Madhya Pradesh. The project, developed in two phases, includes solar module, cell, and wafer production. This initiative aims to meet Indi...
This is the largest solar manufacturing investment in the state, the company said in a statement.
The company, part of energy and infrastructure solutions conglomerate Jakson Group, is investing over Rs 8,000 crore to establish a 6 GW integrated solar module, cell & wafer plant at Maksi Phase II in Madhya Pradesh, the statement said.
The mega project will be developed in two phases across a 110-acre site, allocated to the company recently.
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Commencing site activities within 15 days, the company will commission manufacturing capacity of 3 GW of solar modules and 3 GW of solar cells in Phase I, with an investment of around Rs 2,000 crore.
The first modules from the plant are expected to roll out by May 2026, followed by cells in September 2026.
"This is a momentous occasion for our company and a major leap forward for India's renewable energy sector," Sundeep Gupta, Vice Chairman of Jakson Group, said.
Emphasising the strategic importance of the plant, Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, said, "Our fully integrated facility and unique 'four-in-one' business model as a manufacturer, developer, EPC, and O&M provider aims to contribute to meeting India's energy needs and help position the country as a global solar leader. This allows us to ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance."
The plant will create a positive socio-economic impact in the region by generating over 1,000 jobs during the construction phase and employing around 1,400 people once operational.
The company has an extensive presence throughout India with six manufacturing facilities, over 30 sales offices, 12 international offices and a wide network of channel partners and dealers.
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