Indosol Solar targets 5 GW ingot-to-module manufacturing capacity by October 2026

Indosol Solar targets 5 GW ingot-to-module manufacturing capacity by October 2026

Indosol Solar expects to achieve one gigawatt (GW) of ingot-to-module manufacturing capacity by the end of the current calendar year, which it will scale further to 5 GW by October 2026.

The solar photovoltaic (PV) manufacturing subsidiary of Andhra Pradesh-based Shirdi Sai Electricals (SSEL) Group is setting up a vertically integrated giga-scale solar photovoltaic (PV) manufacturing facility—from quartz to module—at Ramayapatnam (Andhra Pradesh) under the production linked incentive (PLI) scheme.

“By December,we will be producing 1 GW from ingot to module, which is our pilot plant where-in we are planning to train and skill people and get expertise in operations,” said Visweswara Reddy, Chairman and Managing Director of SSEL Group.

By October 2026, the manufacturing capacity will be expanded to 5 GW ingot to module along with 1,200 tonnes per day (TPD) of glass manufacturing, he told businessline.

“By February-March 2027, we will be manufacturing about 10 GW of downstream (ingot to wafer to cell to module) capacity,” Reddy said.

Indosol Solar’s upstream manufacturing facility will also begin commercial operations by end 2027.

On land acquisition, Reddy said “During the previous government, we got approvals, but we only got around 29 acres of land. After this (the new) government came (N Chandrababu Naidu), they have given us about 114 acres of land which is suitable and sufficient for setting up 1 GW manufacturing facility.”

The Andhra Pradesh Chief Minister and his office are actively working with Indosol Solar and are handing over the land in stages, Reddy said adding, the company has been assured that largely land will be handed over by May (2025) and the complete land parcels by August, 2025.

On land requirement, he said “This is a land parcel for setting up the Solar PV module manufacturing plant complete with backward integration. We are setting up 30 GW of capacity along with from metallurgical silica to Polysilicon and glass and provision for ancillary industries.”

“All put together along with the desalination plant for the facility further for hydrogen and all, including a township, training centres, colleges, we will require around 8,000 acres of land.”

Published on April 28, 2025

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