Alpex Solar to expand UP cell plant to 2.2 GW
Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated at Rs 31.36 billion, which will be fully financed through internal accruals. Under the revised plan, the first phase will…