SAEL Powers Ahead with ₹8,200 Crore Investment in High-Tech Solar Manufacturing Hub – EQ
In Short : SAEL Industries plans to invest ₹8,200 crore to build a 10 GW solar manufacturing facility in Greater Noida. The plant will include 5 GW of TOPCon solar cell production and 5 GW of module assembly. Construction will start in 2024, boosting SAEL’s total module capacity to 8.5 GW and supporting India’s drive for solar manufacturing self-reliance.
In Detail : SAEL Industries has announced a significant investment of ₹8,200 crore to set up a 10 GW solar manufacturing facility in Greater Noida. This ambitious project will include the production of 5 GW of high-efficiency Tunnel Oxide Passivated Contact (TOPCon) solar cells, along with 5 GW of module assembly capacity.
The Greater Noida plant is expected to strengthen SAEL’s presence in the solar equipment manufacturing sector and marks a major step toward India’s goal of achieving domestic self-sufficiency in renewable energy technology. With this facility, SAEL aims to reduce reliance on imported solar components and bolster the country’s clean energy infrastructure.
Construction of the plant is scheduled to begin in 2024. Once operational, it will raise SAEL’s total module manufacturing capacity to 8.5 GW, positioning the company among the top domestic solar manufacturers in India.
The facility is part of SAEL’s broader strategy to expand vertically across the renewable energy value chain. It aligns with national efforts to promote indigenous manufacturing under the Production Linked Incentive (PLI) scheme and the government’s push for clean energy adoption.
By investing in TOPCon technology, SAEL aims to deliver more efficient and advanced solar modules suited for both utility-scale and rooftop solar projects. The move is expected to enhance the competitiveness of Indian-made solar equipment in both domestic and international markets.
This development comes ahead of the government’s June 2026 deadline requiring projects to use domestically produced solar modules listed under the Approved List of Models and Manufacturers (ALMM). SAEL’s new facility will help meet the expected surge in demand for compliant modules and support India’s broader energy transition goals.
