CESC has announced a significant expansion into solar manufacturing through its subsidiary, which has signed a Memorandum of Understanding with the Uttar Pradesh government. The agreement marks a major step in the company's renewable energy initiatives and represents one of the substantial investments in the solar manufacturing sector.

Project Details

The MoU encompasses the establishment of a large-scale solar cell manufacturing facility with substantial capacity and investment requirements.

Strategic Significance

This development represents CESC's strategic entry into solar manufacturing, positioning the company to participate in India's expanding renewable energy ecosystem. The 3 GW capacity plant will contribute to domestic solar cell production capabilities, supporting the country's renewable energy targets and reducing import dependence.

Investment Scale

The approximately ₹3,800 crore investment demonstrates the company's commitment to the renewable energy sector. This substantial capital allocation reflects the scale and ambition of the solar manufacturing project, which is expected to create significant manufacturing capacity in Uttar Pradesh.

Government Partnership

The collaboration with the Uttar Pradesh government provides CESC's subsidiary with the necessary regulatory and administrative support for establishing the manufacturing facility. State government partnerships are crucial for large-scale industrial projects, offering benefits such as land allocation, policy support, and infrastructure development assistance.

CESC Green Power has announced a strategic partnership with the Odisha government through a memorandum of understanding (MoU) that marks a significant expansion into clean energy manufacturing. This comprehensive agreement encompasses multiple facets of renewable energy production and represents one of the substantial investments in the sector.

Project Components and Investment Details

The MoU outlines an integrated approach to clean energy manufacturing with three key components that will establish a comprehensive production ecosystem in Odisha.

Manufacturing Capabilities

The solar cell and module manufacturing facility will have a substantial capacity of 3 GW, positioning the project among the significant solar manufacturing initiatives in India. This facility will contribute to domestic solar equipment production and support the country's renewable energy goals.

The advanced chemistry cell pack manufacturing unit, with a capacity of 5 GWh, represents CESC Green Power's entry into the battery storage segment. This component addresses the growing demand for energy storage solutions in the renewable energy sector.

Infrastructure and Power Generation

The project includes a 60 MW captive power plant that will support the manufacturing operations and ensure reliable power supply for the production facilities. This captive power arrangement demonstrates the integrated nature of the planned manufacturing hub.

Strategic Significance

This MoU represents CESC Green Power's strategic expansion into manufacturing from its traditional power generation and distribution business. The partnership with Odisha government provides the company access to industrial infrastructure and policy support for establishing this clean energy manufacturing ecosystem.

The ₹4,500 crore investment commitment reflects the scale and ambition of the project, which spans across solar manufacturing, battery production, and power generation capabilities under a single integrated development plan.