1 hr ago
West Bengal Allots Land to Websol for Large Solar Plant
The West Bengal government gave Websol land to build a new solar manufacturing plant.
The land covers about 54.20 acres at Falta Industrial Park.
Websol plans to spend between Rs 1,500 crore and Rs 1,700 crore on the project.
The facility will make solar cells and solar modules.
It is planned to have 4 GW of capacity for each product.
The project will be built in two phases.
Websol chose the area because it is near its existing operations and has skilled workers and suppliers.
The company says the plant will help it grow domestic solar manufacturing.
It now plans to move from land allotment to construction and commissioning.
West Bengal allotted about 54.20 acres at Falta Industrial Park to Websol Energy System Ltd.
Websol plans to invest Rs 1,500-1,700 crore in the proposed facility.
The plant will produce 4 GW of solar cells and 4 GW of solar modules.
Construction will take place in two phases, with each phase adding 2 GW of capacity.
The expansion is intended to strengthen Websol’s manufacturing base in eastern India and support its 2028 targets.
- Who
- The West Bengal government and Websol Energy System Ltd.
- What
- The government allotted about 54.20 acres to Websol for a greenfield solar cell and module manufacturing facility.
- Where
- Falta Industrial Park, near Websol’s existing operations at the Falta Special Economic Zone in West Bengal.
- When
- The announcement was reported on September 24.
- Why
- Websol wants to expand its manufacturing capacity near an established workforce, supplier network and operating base, as domestic solar manufacturing grows.
Key facts
- Land allotted
- About 54.20 acres
- Project location
- Falta Industrial Park, West Bengal
- Planned investment
- Rs 1,500-1,700 crore
- Solar cell capacity
- 4 GW
- Solar module capacity
- 4 GW
- Implementation
- Two phases of 2 GW each
- Company target
- Construction, commissioning and utilisation aligned with its 2028 targets
Quotes
Sohan Lal Agarwal
Chairman and Managing Director of Websol Energy System Ltd
“When Websol entered solar manufacturing in the mid-1990s, the industry in India was still at a very early stage. Today, solar is becoming an increasingly important part of the country’s energy infrastructure, and the need for strong domestic manufacturing has never been clearer.”
theprint.in
“We have always believed that growth should be measured not just by installed capacity, but by how efficiently that capacity translates into production, delivery and revenue. That is the approach we will continue to follow as we work towards our 2028 targets.”
theprint.in
Sources
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