Andhra Pradesh Boosts Solar Push with Jupiter's Rs 2,700 Cr Investment

Andhra Pradesh is quickly growing as a major location for solar module and cell plants that are challenging the long-established hubs of Gujarat, Rajasthan and Tamil Nadu. Jupiter Renewables, affiliated with Jupiter International of Kolkata, has decided to invest Rs 2,700 crore to build a 4.8 GW solar PV cell plant and a 1.5 GW module manufacturing facility in Rambilli, Anakapalli district. The factory will make Andhra Pradesh the home to three major solar manufacturing facilities, pointing to its rise in the renewable energy area.

The project will take place in two stages. First, Phase-1 with an investment of Rs 1,504 crore for 2.4 GW solar PV cell and 1.5 GW module production is set to be completed and launched by March 2026. The second phase which will cost Rs 1,196 crore to build a new solar plant, is projected for completion in July 2026. Over 2,200 people will find jobs through the new initiative.

Key highlights:

• Jupiter Renewables to invest Rs 2,700 crore in a solar plant in Andhra Pradesh.
• The two-phase project will be completed by July 2026, creating 2,200+ jobs.
• The state targets Rs 10 lakh crore investment and 7.5 lakh jobs in clean energy.

Andhra Pradesh has put more effort into renewable energy this year under Chief Minister N. Chandrababu Naidu and it has attracted numerous investments. Earlier, Indosol received permission for a Rs 69,000 crore unit to make solar PV components, while Premier Energies plans to invest Rs 5,942 crore for solar wafers and cells in two phases.

Also Read: ReNew Power to Invest Rs 22,000 Cr in Andhra Pradesh's Renewable Projects

The decision to expand lines up with the state’s goal to lead in renewable energy, aiming for Rs 10 lakh crore investment and 7.5 lakh jobs in the clean energy field. The decision by India to use special measures to promote solar manufacturing in the country means that Andhra Pradesh has a significant part to play in the national solar manufacturing field.