Jakson Group plans to invest Rs 6.8k crore in Andhra Pradesh solar wafer & cell plant

New Delhi: Jakson Group, one of India's largest solar module manufacturers, plans to invest Rs 6,863 crore in an integrated solar manufacturing plant in Andhra Pradesh's Kurnool district to produce 10 GW of silicon ingots and wafers and 5 GW of solar cells.

The Noida-based group will set up the plant in Meedivemula village. According to sources, the State Investment Promotion Board, led by Andhra Pradesh CM N Chandrababu Naidu, has recommended allotting 290 acres to Jakson Integrated Solar for the project.

The plant will be developed in three phases and employ about 2,000 people. The first phase, with capacity for 3 GW of ingots and wafers and 3 GW of solar cells, is targeted to begin commercial production in May 2028. The remaining capacity is scheduled to come on stream by 2030. Jakson, which operates a 1.2 GW module plant in Greater Noida, will move further up the value chain with the project.


Andhra Pradesh's Integrated Clean Energy Policy, 2024, targets 20 GW of solar manufacturing capacity across the value chain. The state has already surpassed that target. According to SIPB papers, approved projects, excluding Jakson's, account for 58.74 GW of cell and module capacity and 48 GW of ingot and wafer capacity.

"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."