Latest News | Jupiter International Plans Cell, Module Unit in Odisha at Rs 2,000 Cr Investment

New Delhi, Jan 30 (PTI) Jupiter International has signed an agreement with the Odisha government to establish a photovoltaic solar cell and module manufacturing unit in the state at Rs 2,005 crore investment.

The facility, to be set up through subsidiary Jupiter Renewables, will have an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules, Jupiter International said in a statement.

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The memorandum of understanding (MoU) was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025 in Bhubaneswar.

"By integrating advanced solar cell and module manufacturing, this facility will help strengthen and create a sustainable supply chain that supports India's clean energy transition," said Alok Garodia, Managing Director – Jupiter International.

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This initiative is part of its broader expansion plan, in which the company aims to achieve 3 GW of wafer capacity, 9.4 GW of solar cell capacity, and 6 GW of module production over the next three years.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)