Alpex Solar to set up 1.2 GW solar module plant in Mathura
Alpex Solar Ltd will establish a 1.2 GW solar module manufacturing plant in Mathura, Uttar Pradesh, as part of its capacity expansion. The board has approved the project, which will raise total manufacturing capacity to 3.6 GWs. The facility, with an investment of Rs 110 crore funded through internal resources and credit, is scheduled to start operations in FY 2026–27. The expansion comes after a sharp rise in Q1 FY 2026 performance. Net profit rose…