Rays Green Energy to build solar module and cell plant in Madhya Pradesh
Author: PPD Team Date: December 13, 2024
Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion.
The plant will include a 1.5 GW solar cell unit and a 3 GW solar module assembly line, utilizing advanced TOPCon technology to boost domestic renewable energy manufacturing.
The Madhya Pradesh government has allocated 38 acres in the Mohasa Babai Industrial Area, Narmadapuram district, designated as a renewable energy manufacturing zone.
The facility is expected to create around 1,200 direct and indirect jobs, promoting skill development and regional economic growth.