Jupiter International commits INR 2,005 crore for solar manufacturing in Odisha

Jupiter International will invest INR 2,005 crore into setting up a facility with an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules.

January 30, 2025 Uma Gupta

Solar cell production at Jupiter International's existing line

Jupiter International

Jupiter International has signed a Memorandum of Understanding (MoU) with Odisha government to invest INR 2,005 crore into setting up a solar manufacturing facility in Odisha. Under this agreement, Jupiter International will invest INR 2,005 crore through its subsidiary, Jupiter Renewables, to set up a facility with an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules.

The MoU was signed during Utkarsh Odisha – Make in Odisha Conclave 2025.

“This investment marks a major milestone in our vision to build a fully integrated solar manufacturing ecosystem in India. By integrating advanced solar cell and module manufacturing, this facility will help strengthening and creating a sustainable supply chain that supports India’s clean energy transition,” said Alok Garodia, managing director, Jupiter International

This initiative is part of Jupiter International’s broader expansion plan 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 company currently has a 1 GW manufacturing facility in Himachal Pradesh.

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