Key Quantitative Figures

  • 1.2 GW DCR (Domestic Content Requirement) solar cell manufacturing facility capacity

Location and Status Details

  • Manufacturing facility located at Ratlam, Madhya Pradesh
  • All required machinery and equipment have already been delivered to the plant

Timeline Information

  • Facility remains on track for commissioning in Q1 of FY 2027-28
  • No anticipated material impact on capital expenditure or timeline

Business Context

  • Company is engaged in retail-focused rooftop solar business
  • Manufactures and supplies Solar Power Generation Systems (SPGS) comprising solar inverters, solar batteries and solar panels
  • Solar panel manufacturing represents backward integration of the business
  • Solar cell manufacturing represents further backward integration for solar panel manufacturing

Impact Assessment

  • No material impact expected from proposed Chinese restrictions
  • Operations are not dependent on any ongoing foreign technology transfer
  • Company has not announced any plans for additional solar cell manufacturing capacity