Jakson Engineers Limited To Invest ₹8,000+ Crore Inn 6 GW Integrated Solar Manufacturing Plant In Madhya Pradesh, Boosting India’s Renewable Energy Growth

Representational image. Credit: Canva

Jakson Engineers Limited, part of the diversified energy and infrastructure solutions conglomerate Jakson Group, has announced a major investment of over ₹8,000 crore to establish a 6 GW integrated solar manufacturing facility in Madhya Pradesh. The plant, to be located at Maksi Phase II, will be the largest solar manufacturing investment in the state and represents a significant step for both the company and India’s renewable energy ambitions.

The project will be developed in two phases across 110 acres of land recently allocated to the company. In Phase I, Jakson will invest approximately ₹2,000 crore to set up 3 GW of solar module capacity and 3 GW of solar cell capacity. Site activities are scheduled to begin within 15 days, with the first solar modules expected to be rolled out by May 2026 and solar cells by September 2026. Phase II will involve a further investment of over ₹6,000 crore to establish a 6 GW solar wafer plant along with an additional 3 GW each of modules and cells.

Mr. Sundeep Gupta, Vice Chairman of Jakson Group, stated, “This is a momentous occasion for our company and a major leap forward for India’s renewable energy sector. Our investment in Maksi is testament to our unwavering commitment to ‘Make in India’ and directly supports the nation’s ambitious clean energy targets. We are confident that with the support of the Madhya Pradesh government, this plant will become a beacon of technological excellence and a catalyst for creating green jobs.”

Mr. Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, emphasized the strategic importance of the plant, mentioned, “The global demand for solar energy is soaring. Our fully integrated facility and unique ‘four-in-one’ business model as a manufacturer, developer, EPC, and O&M provider, aims to contribute to meeting India’s energy needs and help position the country as a global solar leader. This allows us to ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance.”

Madhya Pradesh was chosen as the site of this landmark project due to its central location, strong infrastructure, business-friendly environment, and progressive renewable energy policies. Beyond contributing to India’s solar manufacturing capacity, the project is expected to deliver significant socio-economic benefits in the region. It will create more than 1,000 jobs during the construction phase and provide permanent employment to about 1,400 people once operations commence.

This investment is closely aligned with the Government of India’s renewable energy goals, including the target of achieving 500 GW of installed renewable capacity by 2030. By reducing reliance on imports and boosting local solar manufacturing, the project will play an important role in advancing the vision of Aatmanirbhar Bharat. It also marks a key milestone in Jakson’s long-term growth strategy and reaffirms its commitment to innovation, sustainability, and strengthening India’s clean energy ecosystem.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    European Energy Raises Extra €60 Million, Boosting Its 2028 Green Bond To €210 Million

    European Energy A/S has raised an additional EUR 60 million through a tap issue of its existing senior unsecured green bonds maturing in 2028. This new issue brings the total…

    ACCIONA Energía Secures 800GWh Renewable Deals To Power Italy’s Heavy Industries

    Representational image. Credit: Canva ACCIONA Energía has entered into agreements to supply a total of 800 GWh of renewable electricity to several energy-intensive industries in Italy, including steel manufacturer Acciaierie…

    Have You Seen?

    European Energy Raises Extra €60 Million, Boosting Its 2028 Green Bond To €210 Million

    • April 18, 2026
    European Energy Raises Extra €60 Million, Boosting Its 2028 Green Bond To €210 Million

    ACCIONA Energía Secures 800GWh Renewable Deals To Power Italy’s Heavy Industries

    • April 18, 2026
    ACCIONA Energía Secures 800GWh Renewable Deals To Power Italy’s Heavy Industries

    EBRD Injects MAD 400 Million Into Morocco’s First Regional Bond To Accelerate Green Transition

    • April 18, 2026
    EBRD Injects MAD 400 Million Into Morocco’s First Regional Bond To Accelerate Green Transition

    Dimple Singh, Director of SureSolar Renewable Energy Pvt Ltd, Honoured as Women Business Leader of the Year at Solar Contractors Meet Dehradun 2026  

    • April 18, 2026
    Dimple Singh, Director of SureSolar Renewable Energy Pvt Ltd, Honoured as Women Business Leader of the Year at Solar Contractors Meet Dehradun 2026  

    Week in MiddleEast: Saudi Leads 100 MW Yemen Power Project; UAE Launches Smart Microgrid and More…

    • April 18, 2026
    Week in MiddleEast: Saudi Leads 100 MW Yemen Power Project; UAE Launches Smart Microgrid and More…

    US Drillers Cut Oil and Gas Rigs for Second Straight Week, Baker Hughes Says

    • April 17, 2026
    US Drillers Cut Oil and Gas Rigs for Second Straight Week, Baker Hughes Says

    Hormuz Reopening Not Like ‘Flipping a Switch’ for Rattled Oil Markets: Professor

    • April 17, 2026
    Hormuz Reopening Not Like ‘Flipping a Switch’ for Rattled Oil Markets: Professor

    Oil Settles Down 9% After Iran Declares Strait of Hormuz Open

    • April 17, 2026
    Oil Settles Down 9% After Iran Declares Strait of Hormuz Open

    US Energy Department Restores Funding to Carbon Removal Projects

    • April 17, 2026
    US Energy Department Restores Funding to Carbon Removal Projects

    US Law Enforcement Raids Offices of Houston Fuel Trader Ikon Midstream

    • April 17, 2026
    US Law Enforcement Raids Offices of Houston Fuel Trader Ikon Midstream