PVV Infra signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board to set up a 1 GW N-Type TOPCon solar cells manufacturing facility with an investment of ₹750 crore. This move further strengthens Andhra Pradesh’s rapidly developing solar manufacturing ecosystem.
Strategic Location and Job Creation
The project will come up on a 30-acre industrial site located within a fast-growing solar cells manufacturing cluster. Moreover, the investment is set to create 350 direct jobs and over 450 indirect jobs, boosting regional employment and fostering local skill development.
Leveraging Technical Expertise and Global Sourcing
PVV Infra will capitalise on its expertise in investment planning, technology deployment, design engineering, and equipment sourcing to establish the advanced TOPCon manufacturing unit. The company aims to ensure efficient project execution and quick operational readiness.
Supporting India’s Renewable Energy Ambitions
As reported by thehindubusinessline.com, the initiative reinforces PVV Infra’s commitment to powering India’s renewable infrastructure growth. Additionally, it aligns with the broader goal of promoting sustainable industrial development in Andhra Pradesh, a state emerging as a key clean-energy manufacturing hub.
