Akshat Greentech to set up solar manufacturing facility in Hyderabad

The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World Economic Forum 2025 in Davos. The facility will have a production capacity of 6.9 GW each for solar cells and modules, requiring an investment of Rs 70 billion. It is expected to create over 2,500 direct jobs, boosting local…