Websol Energy System will reach solar cell production capacity of 1.2 GW with its new 600 MW mono PERC cell line set to start production from October this year. Currently, it has a manufacturing capacity of 600 MW for mono PERC cells and 550 MW modules.
The company posted a revenue from operations of INR 219 crore for Q1 FY 2026, 96% up year-on-year. Profit after tax surged to INR 67 crore, a 191% increase from INR 23 crore in Q1 FY 2025.
‘’During the quarter, Websol launched solar kits for the domestic market. The company is also in advanced stages of finalizing agreements with national and regional players, which is expected to generate additional contributions beyond the solar module price. These contracts are aligned with key national initiatives such as the PM-KUSUM Solar Pumps Project and the Domestic Content Requirement (DCR) framework, reinforcing our role in supporting India’s renewable energy ambition,” said Sohan Lal Agarwal, managing director, Websol.
“The solar energy sector in India continues to be a high-priority focus area, supported by targeted policies and clear deployment targets. With the country aiming for 280 GW of installed solar capacity by 2030, the demand environment for advanced and reliable solar technologies remains strong. In this context, we are on track with our ongoing capacity expansion. Installation and commissioning of the additional 600 MW solar cell line is nearing completion, with trial production expected in September 2025 and commercial operations anticipated in October 2025. This addition will enhance our total cell manufacturing capacity to 1.2 GW, with meaningful revenue contribution expected from Q3 FY2026.”
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