Overview
- The State Investment Promotion Board chaired by Chief Minister N. Chandrababu Naidu approved the proposal after a prior committee nod, with cabinet approval expected this week.
- The facility, billed as India’s largest ingot and wafer unit, will be set up at the IFFCO Kisan SEZ in Nellore with 200 acres allotted—120 acres initially and 80 acres reserved for expansion.
- TPREL will develop a 200 MW captive green power plant to supply renewable energy to the manufacturing unit.
- The detailed project report estimates around 1,000 direct jobs, aligning with the national push to expand domestic solar manufacturing and reduce reliance on Chinese imports.
- Andhra Pradesh won the project over evaluated sites in Odisha by offering ready land and proximity to Krishnapatnam port, as Nellore grows into a solar manufacturing hub with projects by ReNew, Premier Energies, Websol and Voltsun.