Alpex Solar to invest Rs 6.42 billion in 1.6 GW solar cell plant

Alpex Solar is set to establish a 1.6 GW solar cell manufacturing facility in Kosi Kotwan, Mathura, Uttar Pradesh, with an investment of Rs 6.42 billion. The expansion will be carried out in three phases, with the first 500 MW expected to become operational by October 2025, and the remaining phases completed by April 2026 and September 2026, respectively. The company has secured a seven-acre land parcel from the Uttar Pradesh Industrial Development Authority (UPSIDA)…