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

powerplant
Aug 26, 2025
Article Source LogoSolar Quarter
Solar Quarter

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.

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