Gulbrandsen announced the commercial launch and global introduction of HYPORE®, a portfolio of advanced silica supports and silica-supported chromium catalyst precursors for polyethylene catalyst systems. With this launch, the company expands its capabilities in the polyolefin catalyst value chain beyond its established global presence in metal alkyls. The new portfolio provides polyethylene producers, catalyst manufacturers and process technology companies with an additional commercial source of critical catalyst components. Moreover, HYPORE offers a flexible platform to develop catalyst materials tailored to specific production processes and reactor requirements.

HYPORE® Expands Polyethylene Catalyst Solutions

Gulbrandsen developed HYPORE through a multi-year research, product development and commercialisation programme. The company advanced the technology from laboratory research and pilot production to commercial-scale manufacturing and customer qualification. Instead of offering a single standardised silica product, Gulbrandsen has established a flexible platform that allows customers to tailor the physical and chemical properties of silica supports and catalyst precursors. These adjustments help meet the specific requirements of polyethylene catalyst formulations, processing conditions and reactor systems.

Commercial Grades Available for Customer Qualification

Gulbrandsen has made selected HYPORE chromium catalyst and silica grades available in commercial quantities. In addition, the company is working with customers to develop and qualify customised grades based on their technical requirements. These customised solutions can address parameters such as particle-size distribution, pore structure, surface characteristics and metal-modification profiles. Customer qualification programmes are currently underway for both slurry-phase and gas-phase polyethylene processes.

Supporting Customisation and Scalable Manufacturing

Abhishek C. Kumar, Director, Commercial Development at Gulbrandsen, said, “HYPORE represents a significant expansion of Gulbrandsen’s capabilities within the polyolefin catalyst value chain. We have built the technical, analytical, and manufacturing capabilities needed to develop and produce these materials at commercial scale while retaining the flexibility to work with customers on highly specific catalyst requirements. Our objective is to provide customers with another technically capable, commercially scalable supply option and a development partner that can support both established and customized polyethylene catalyst systems.”

Manufacturing Facility Ensures Product Consistency

Gulbrandsen manufactures HYPORE products at its new greenfield manufacturing facility. The site combines dedicated process development, analytical and quality control capabilities to maintain consistent product properties and minimise batch-to-batch variability. Furthermore, the facility is designed to support reliable commercial-scale supply, helping customers access catalyst components with controlled specifications as their production requirements evolve.

Strengthening Gulbrandsen’s Position in the Polyolefin Catalyst Value Chain

The addition of HYPORE chromium catalysts and silica supports for polyethylene builds on Gulbrandsen’s established position as a global supplier of metal alkyls and other critical materials used in polyolefin catalyst systems. By bringing these capabilities together, the company can now support a broader range of customer requirements across the catalyst value chain. As per the press release, this includes catalyst components, co-catalysts, customised product development and qualification programmes, strengthening its role as a technology and supply partner for the polyethylene industry.

Godavari Biorefineries Limited bagged a patent from the Mexican Patent Office for its invention titled “Use of Compounds for Treating Viral Infections.” Following similar patent grants in Japan and China, this latest achievement expands the company’s intellectual property protection across key international markets. The patent strengthens Godavari Biorefineries’ life sciences portfolio and highlights its continued research into compounds that could support the development of antiviral treatments.

Patent Covers Compounds Targeting V-ATPase

The Mexican patent covers compounds that inhibit Vacuolar ATPase (V-ATPase), a cellular mechanism involved in the infection process of certain viruses. It also covers the use of these compounds in manufacturing medicines for treating viral infections. Through this research, Godavari Biorefineries is investigating the role of V-ATPase in viral infections and its potential as a target for antiviral research. Consequently, the patent recognises a specific application of these compounds and extends the geographical protection of the company’s research outcomes.

Leadership Highlights

Samir Somaiya, Chairman and Managing Director of Godavari Biorefineries Limited, said the expansion of patent protection into Mexico, following Japan and China, marks another milestone in the company’s commitment to innovation and global growth. He emphasised the importance of building an India that can innovate and compete internationally. Furthermore, he noted that the achievement reflects the global reach of the company’s research and its commitment to developing high-impact life sciences solutions.

Dr Sangeeta Srivastava, Executive Director of Godavari Biorefineries Limited, added that the research has enabled the company to explore how compounds that inhibit V-ATPase activity could contribute to antiviral research. She noted that the patent represents an important outcome of the company’s continued work in this field.

Patent Strengthens Godavari Biorefineries’ Life Sciences Portfolio

The patent names four inventors: Dr Sangeeta Srivastava, Dr Sandip Gavade, Dr Maithili Athavale and Dr Prashant Kharkar. As per the press release, with patent protection now secured in Mexico, Japan and China, Godavari Biorefineries continues to expand its intellectual property in antiviral compounds. Overall, this development reinforces the company’s focus on life sciences research, innovation and the international protection of its scientific discoveries.

GP Petroleums Ltd (GPPL) is preparing for a major transformation as it aims to grow from an India-focused industrial lubricants manufacturer into a diversified international energy and lubricants business. The company expects to achieve a combined turnover of approximately ₹3,000 crore by integrating overseas assets following the entry of its new strategic investor, Incubit.

Vaswani, Non-Executive Director at GPPL and a former executive who helped establish ELF’s operations in India, sees significant growth potential in the company. Drawing on his experience across Asia-Pacific, the Middle East and the Philippines with Total and ELF, he aims to apply his expertise in building and scaling businesses to GPPL’s next phase of growth.

GP Petroleums Planning to Build a ₹3,000 Crore Business

GPPL’s expansion strategy centres on integrating a portfolio of assets acquired by Incubit, which held close to a 14% stake in the company as of June 2026. The portfolio includes lubricant manufacturing operations in Nigeria and Tanzania, fuel retail networks in Kenya and Uganda, a terminal asset at Pipavav, and Dubai-based lubricant company MagLube. Following the proposed integration, the combined business could generate approximately ₹3,000 crore in revenue. This would represent substantial growth compared with GPPL’s standalone turnover of around ₹643 crore in FY2026. Moreover, the integration would expand the company’s international footprint and diversify its revenue streams across lubricants, fuel retail and related energy infrastructure.

Automotive Lubricants Emerge as a Key Growth Driver

Alongside international expansion, GPPL is prioritising automotive lubricants to strengthen its domestic business. Although its iPOL brand has an established presence in industrial lubricants and rubber process oils, the company has historically maintained a relatively limited presence in the automotive segment. However, automotive lubricants account for nearly 55% of India’s lubricant market, presenting a significant opportunity for GPPL to expand its market share and improve profitability. To capitalise on this opportunity, the company is revamping its distribution network, strengthening its leadership team and leveraging its licensing arrangement with Spanish lubricant major Repsol. “The main focus is now on growing the automotive business,” Vaswani said. Currently, GPPL sells approximately 4,000–4,500 tonnes of automotive lubricants annually under its Repsol and iPOL brands. The company aims to increase this volume nearly fivefold to around 20,000 tonnes over the next five years.

Repsol and iPOL to Target Different Market Segments

GPPL plans to position Repsol as its premium automotive lubricant brand, targeting competition with established international brands such as Castrol and Valvoline. Meanwhile, iPOL will serve the mass-market segment. To support this strategy, the company intends to expand its distributor network and strengthen engagement with mechanics, who play an important role in influencing lubricant purchasing decisions. By combining premium and mass-market offerings, GPPL aims to reach a wider customer base and accelerate growth in India’s competitive automotive lubricants market.

Africa and Southeast Asia Offer International Expansion Opportunities

GPPL also sees considerable potential in international markets, particularly Africa. Based on his experience managing Total’s operations across emerging markets, Vaswani believes the continent offers opportunities to expand both sales volumes and profitability. As part of its growth strategy, GPPL plans to increase its fuel retail network in Kenya and Uganda from approximately 40 stations to nearly 100 over the next few years. The company is also exploring opportunities in neighbouring African markets. Furthermore, GPPL may expand into Southeast Asia once it completes and stabilises the current integration. The company will evaluate opportunities to grow its presence in the region using its iPOL and Repsol brands. This approach could help GPPL establish a broader international presence while diversifying its revenue base beyond India.

AI and Digitalisation to Support Business Scalability

In addition to acquisitions and market expansion, GPPL is investing in artificial intelligence (AI) and digital technologies to improve operational efficiency. The company has appointed an AI leader and is developing digital capabilities to support future growth without a proportional increase in operating costs. “With the existing headcount, we can probably support a business twice the current size,” Vaswani said. Accordingly, GPPL intends to use AI to streamline operations, improve productivity and manage a larger business more efficiently. This technology-led approach could help the company scale its operations while maintaining cost discipline.

GP Petroleums Focuses on Long-Term Growth

GPPL’s growth strategy combines international asset integration, automotive lubricant expansion, geographic diversification and technology adoption. Together, these initiatives could transform the company’s business profile and strengthen its position in the global lubricants and energy markets. For Vaswani, the opportunity builds on decades of experience developing businesses across multiple regions. As reported by thehindubusinessline.com, with India serving as a key growth market and overseas operations offering additional opportunities, GPPL aims to establish a larger, more diversified international enterprise through disciplined execution and strategic expansion.

The Pesticide Manufacturers & Formulators Association of India (PMFAI) has reported a positive outcome for the Indian agrochemical industry at the 22nd meeting of the Chemical Review Committee (CRC-22) under the Rotterdam Convention. Held in Rome from September 15 to 18, 2026, the meeting reviewed regulatory notifications concerning three important pesticide molecules: profenofos, phenthoate and quinalphos.

Ahead of the meeting, PMFAI established dedicated task force groups comprising industry experts to prepare technical submissions and support the defence of these pesticide molecules. The association submitted comprehensive technical information to the relevant ministries of the Government of India and the Rotterdam Convention Secretariat.

PMFAI Coordinates with Government of India

PMFAI coordinated its efforts with key government departments, including the Ministry of Environment, Forest and Climate Change; the Department of Chemicals and Petrochemicals; and the Department of Agriculture and Farmers Welfare. The PMFAI delegation, led by Dr. K. N. Singh of Gharda Chemicals Ltd. and Dr. Samir Dave of AIMCO Pesticides Ltd., worked alongside government representatives to present the industry’s technical position during the meeting. Through this coordinated engagement, the Indian agrochemical industry secured outcomes that did not result in the listing of the three pesticide molecules at CRC-22.

PMFAI Reaffirms Commitment to Science-Based Advocacy

PMFAI reiterated its commitment to representing India’s agrochemical manufacturing and formulation industry at international regulatory forums, including the Rotterdam, Stockholm and Basel conventions. The association aims to protect the interests of Indian manufacturers of generic agrochemical products through science-based advocacy, continued dialogue and constructive engagement with regulatory authorities worldwide. Overall, the CRC-22 outcomes highlight the role of technical submissions and coordinated industry-government representation in international chemical regulatory discussions. As per the press release, PMFAI will continue to engage with relevant stakeholders to support science-based decision-making and represent the interests of India’s agrochemical sector at global forums.

VSL PowerHive, a wholly owned subsidiary of Vikram Solar, plans to establish a battery energy storage system (BESS) assembly plant with an annual capacity of 7.5 GWh in Oragadam, near Chennai, Tamil Nadu. The company intends to expand the facility’s capacity to 15 GWh in phases as part of its broader target to achieve 30 GWh of total battery manufacturing capacity by 2030. The facility is scheduled for inauguration in January 2027, with commercial operations expected to begin in April 2027. The project marks an important step in strengthening India’s domestic battery energy storage manufacturing capabilities.

Facility to Manufacture Lithium Iron Phosphate Energy Storage Systems

The facility will assemble lithium iron phosphate (LFP)-based battery energy storage systems for utility-scale and commercial and industrial (C&I) applications. The product portfolio will include 5.016 MWh and 6.25 MWh liquid-cooled BESS containers, PowerHive’s P261 battery cabinets,
utility-scale energy storage systems and renewable energy-integrated storage solutions. The company plans to manufacture these products in India under the Make in India initiative, supporting domestic production and the development of a local energy storage supply chain.

VSL PowerHive Plans Expansion into Battery Cell Manufacturing

Beyond battery assembly, VSL PowerHive plans to enter battery cell manufacturing through a 7.5 GWh programme starting in 2028. This expansion will support the company’s ambition to develop an integrated battery manufacturing ecosystem in India, covering the entire value chain from cells to complete energy storage systems. To strengthen its technological capabilities, the company is developing indigenous battery technologies and has initiated multiple patent filings. These efforts aim to increase technology ownership, encourage domestic innovation and reduce dependence on imported technological expertise.

Role of Energy Storage in India’s Energy Transition

Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, said energy storage will play a critical role in connecting India’s renewable energy ambitions with reliable, round-the-clock clean power. He noted that as India expands its solar and wind energy capacity, reliable storage will become increasingly important for managing renewable power generation. Therefore, building domestic battery manufacturing capabilities is essential to support the country’s energy transition. Chaudhary added that the new facility will extend Vikram Solar’s presence across the clean energy value chain, from power generation to energy storage.

PowerHive Targets Growing Demand for Battery Storage

Arun Mittal, CEO of VSL PowerHive, highlighted the growing demand for energy storage solutions in India as renewable energy deployment accelerates. He said the company aims to establish world-class battery manufacturing capabilities, beginning with 7.5 GWh of assembly capacity before expanding into cell manufacturing and a more integrated production ecosystem. According to Mittal, this strategy will enable VSL PowerHive to serve utilities, renewable energy developers and industrial customers with domestically manufactured, future-ready energy storage solutions.

Battery Manufacturing Ecosystem

VSL PowerHive’s proposed plant represents a strategic investment in India’s battery energy storage sector. By combining large-scale assembly, future cell manufacturing and indigenous technology development, the company aims to strengthen domestic supply capabilities and support the wider adoption of renewable energy. As India continues to expand its renewable energy infrastructure, locally manufactured battery storage systems could play an increasingly important role in improving power reliability and supporting the transition towards a cleaner energy future.

West Bengal is set to strengthen its petrochemical industry with the inauguration of a ₹6,000 crore phenol-acetone Facility in Haldia, marking a major expansion of Haldia Petrochemicals’ operations. Promoted by Adperma, a subsidiary of Haldia Petrochemicals, the plant will have a proposed production capacity of 3.5 lakh tons. The project aims to strengthen domestic chemical production and reduce India’s dependence on imported phenol and acetone.

Reducing India’s Dependence on Chemical Imports

India currently imports around 50% of its phenol requirements and 40% of its acetone demand. The facility is expected to improve domestic availability of these essential industrial chemicals and support downstream manufacturers. Phenol and acetone serve as important feedstocks for various industrial applications. By increasing local production, the Haldia plant could strengthen supply-chain reliability and help meet the growing requirements of downstream industries.

Project to Generate Skilled Employment Opportunities

Beyond expanding production capacity, the ₹6,000-crore project is expected to create employment opportunities across several technical and business functions. These include chemical engineering, process operations, industrial safety, quality control, logistics and finance. Additionally, the plant could stimulate demand for workers and professionals in ancillary services and downstream businesses operating around the Haldia industrial hub.

Haldia Project Supports West Bengal’s Industrial Growth

The phenol-acetone facility comes amid renewed efforts to attract investment and strengthen industrial activity in West Bengal. The project is expected to contribute to the region’s industrial development by expanding petrochemical production and supporting related businesses. However, the project’s broader economic impact will depend not only on investment and production capacity but also on how effectively local workers, technical professionals and service providers integrate into the emerging industrial ecosystem. As reported by milleniumpost.in, the Haldia facility represents a significant development for India’s petrochemical sector, with the potential to reduce import dependence, strengthen domestic supply chains and create new employment opportunities in West Bengal.

BASF India, in collaboration with Green Worms (Serve Rural) and the Indian Polyurethane Association (IPUA), inaugurated a corporate social responsibility (CSR)-funded polyurethane (PU) waste recycling facility in Manjeri, Malappuram district, Keralam. The initiative marks an important step towards strengthening circular economy practices and improving polyurethane waste management in India. Led by BASF India, implemented by Green Worms and supported by IPUA, the project aims to establish a structured system for collecting, segregating, recycling and repurposing post-industrial polyurethane waste from the footwear industry.

Facility to Convert Polyurethane Waste into Reusable Products

The initiative will establish a responsible collection and mechanical recycling network for polyurethane waste generated by footwear manufacturing. Through this system, the partners aim to divert waste from landfills and convert it into useful products, including indoor floor mats for rural schools across Keralam.

In its first phase, the project is expected to benefit approximately 4,000 schoolchildren from underprivileged backgrounds. In addition, the initiative will create livelihood opportunities for waste collectors and recycling workers, combining environmental benefits with community development. The inauguration ceremony brought together representatives from the government, BASF India, IPUA, Green Worms and key stakeholders from the footwear industry.

BASF India Highlights Sustainability and Circularity

Alexander Gerding, Managing Director of BASF India Limited and Head of BASF Group companies, said the company believes sustainability delivers the greatest value when it benefits both people and the environment. He noted that the new facility represents an important milestone in advancing the collection, mechanical recycling and repurposing of polyurethane waste from footwear manufacturing in India. Furthermore, he highlighted how collaboration with Green Worms and IPUA can transform waste that would otherwise enter landfills into valuable products. According to Gerding, the initiative promotes circularity, creates livelihood opportunities and demonstrates how industry and communities can work together to deliver environmental and social benefits.

Green Worms Promotes Resource Recovery and Sustainable Livelihoods

Jabir Karat, CEO and Co-founder of Green Worms, said waste can become a valuable resource when supported by appropriate infrastructure, technology and partnerships. He explained that the facility offers a practical and scalable approach to managing industrial polyurethane waste from the footwear sector. Moreover, the collaboration between BASF India, Green Worms and IPUA demonstrates how industry partnerships can convert complex waste streams into useful secondary resources while supporting sustainable livelihoods. Karat also expressed hope that the initiative would serve as a model for expanding polyurethane recycling across India and accelerating the transition towards a resource-efficient, circular economy.

IPUA Emphasises Industry Collaboration

Harneet Kochar, Chairman of the Indian Polyurethane Association, highlighted the importance of industry collaboration and technical expertise in developing practical solutions for polyurethane waste management. He said the initiative brings together stakeholders across the value chain to promote sustainable manufacturing practices and advance circular economy principles within the footwear industry. Kochar also encouraged stakeholders from other polyurethane applications to participate in similar initiatives, emphasising that the project could inspire further innovation in mechanical waste recycling.

Polyurethane Recycling Supports India’s Circular Economy

Polyurethane is a versatile material used in several industries, including furniture, bedding, automotive, footwear, appliances, construction and packaging. However, as its consumption increases, effective waste collection, recycling and end-of-life management solutions become increasingly important. The new facility in Manjeri is expected to strengthen local waste management systems and demonstrate how collaboration across the value chain can address complex industrial waste streams. As reported by scrbox.org, overall, the initiative combines polyurethane waste recycling with community development by promoting responsible waste management, creating employment opportunities and converting discarded materials into useful products. It also highlights the role of industry partnerships in advancing circularity and delivering long-term environmental and social benefits in India.

Aarti Industries Limited (AIL), a global manufacturer of speciality chemicals, signed a long-term dedicated manufacturing and supply agreement with a global speciality chemicals company serving multiple industries. The agreement spans more than 10 years and carries an estimated cumulative revenue potential of approximately ₹1,500 crore over its contract term. The agreement establishes a new customer relationship for Aarti Industries and supports the customer’s growing requirements in India. Furthermore, it strengthens AIL’s position as a strategic manufacturing partner for global speciality chemicals companies.

AIL to Establish Dedicated Manufacturing Facility

AIL will establish, commission and operate a dedicated manufacturing facility in India to produce a speciality chemical used in high-performance applications. The facility will use the customer’s proprietary process technology, while AIL will contribute its expertise in process scale-up, engineering and manufacturing operations. The project will follow a structured financial arrangement to fund capital expenditure (CAPEX) of less than US$25 million. By combining global technology with AIL’s manufacturing capabilities, the arrangement will provide an outsourcing solution for specialised chemical production. Commercial operations are expected to begin in FY2028–29, subject to applicable approvals. In addition, localising production in India will strengthen supply-chain resilience and support the customer’s expansion plans in the country.

Long-Term Agreement Strengthens AIL’s Growth Prospects

The agreement will expand Aarti Industries’ global customer base and strengthen its strategic manufacturing portfolio. It will also provide long-term business visibility while creating opportunities to deepen the relationship as the customer’s requirements in India increase. Moreover, the dedicated manufacturing model allows both companies to combine their respective strengths in technology, engineering and operations. This approach is expected to support reliable supply and create a platform for future business growth.

Aarti Industries Highlights Strategic Manufacturing Capabilities

Suyog Kotecha, Managing Director and Chief Executive Officer of Aarti Industries Limited, said the agreement brings a new global customer into the company’s portfolio and reflects confidence in its ability to establish and operate dedicated manufacturing facilities to global standards. He highlighted that the arrangement combines the customer’s proprietary technology with AIL’s capabilities in process scale-up, engineering execution and reliable operations.

Kotecha further noted that the long-term domestic supply arrangement provides sustained business visibility while creating a capital-efficient platform for growth. He added that the agreement establishes a foundation for both companies to expand their engagement as the customer’s requirements in India grow.

As reported by tribuneindia.com, the agreement marks an important step in Aarti Industries’ strategy to expand its global customer relationships, strengthen dedicated manufacturing capabilities and capture long-term growth opportunities in the speciality chemicals sector.

Lonza upgraded its organic growth model following strong operational performance, successful execution of growth projects and attractive market opportunities. The company outlined progress under its One Lonza Strategy, which aims to deliver long-term, profitable growth above the market average.

In less than two years, Lonza has transformed into a pure-play Contract Development and Manufacturing Organization (CDMO) following its exit from the Capsules & Health Ingredients business and other divestments. Building on this transformation, the company has strengthened its global operations and improved its financial outlook.

Lonza Strengthens Its Organic Growth Model

Lonza aims to deliver consistent, above-market organic sales growth, expand profit margins and improve cash generation. The company also plans to reinvest cash flows into future growth opportunities while maintaining high returns and creating long-term shareholder value.

As high-return growth projects mature, Lonza continues to improve operational efficiency, commercial performance and capital expenditure (CapEx) management. In addition, the company maintains strict control over overhead costs to support sustainable growth.

Based on this progress, Lonza has upgraded its organic growth model to low-teens average organic sales growth at constant exchange rates (CER) over time. It also expects to accelerate CORE EBITDA margin expansion, reaching the high-thirties range in the mid-term.

Furthermore, Lonza has introduced a mid-term return on invested capital (ROIC) ambition of two to three times its current weighted average cost of capital (WACC). The company also expects free cash flow (FCF) conversion to improve on average over time, reflecting stronger capital efficiency and disciplined investment.

Lonza expects organic capital expenditure to fluctuate around the mid-to-high teens as a percentage of sales. The company also remains committed to a progressive dividend policy, consistent with the Capital Allocation Framework it introduced in 2024.

CEO Highlights Progress

Wolfgang Wienand, CEO of Lonza, said the company delivered strong performance in Q3 2026 while continuing to execute its One Lonza Strategy successfully. He noted that the transition to a pure-play CDMO has created a stronger, more integrated global organisation that serves customers across all Business Platforms. He also highlighted the strength of the Lonza Engine and ongoing operational improvements as key factors supporting confidence in the company’s growth model. According to Wienand, Lonza aims to expand sales, improve profit margins and returns, increase cash generation, and allocate capital with discipline. These priorities will support sustainable, long-term value creation for customers, patients, shareholders and employees.

Lonza Reiterates Its Full-Year 2026 Financial Outlook

Lonza continued to perform in line with expectations across all Business Platforms during Q3 2026. Consequently, the company reaffirmed its full-year financial outlook, which it had upgraded following its H1 2026 results. The company expects 11–12% CER sales growth and a CORE EBITDA margin of 33–34% for the full year. However, it continues to anticipate a negative foreign exchange impact of approximately 2–3% on 2026 sales growth.

Capsules and Health Ingredients Performance Remains on Track

Lonza’s Capsules & Health Ingredients business also performed in line with expectations during Q3 2026. The company continues to forecast mid-single-digit CER sales growth and further CORE EBITDA margin expansion for the full year. As per the press release, Lonza’s upgraded organic growth model reflects its operational progress, maturing growth projects and focus on capital efficiency. Through disciplined investment and continued margin expansion, the company aims to strengthen its financial performance and deliver sustainable long-term growth.

Shakti Pumps (India) Limited announced an investment of ₹10 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL), to support the development of a 2.20 GW greenfield solar cell and photovoltaic (PV) module manufacturing facility in Pithampur, Madhya Pradesh. The proposed plant will manufacture high-efficiency solar cells and solar PV modules under the Domestic Content Requirement (DCR) category. Through this investment, the company aims to expand its presence in India’s renewable energy manufacturing sector.

Facility to Manufacture High-Efficiency Solar Cells and Modules

The planned manufacturing facility will have an annual production capacity of 2.20 GW. It will focus on high-efficiency solar DCR cells and solar PV modules, supporting the growing demand for domestically manufactured solar energy components. Furthermore, the greenfield project will expand SESL’s existing business activities, which include solar structures and rooftop solar solutions.

Strengthening India’s Renewable Energy Manufacturing Ecosystem

The investment marks a strategic expansion for Shakti Pumps into solar cell and module manufacturing. By developing domestic production capabilities, the company aims to strengthen its position in India’s renewable energy supply chain and broaden its solar energy portfolio. As reported by solarquarter.com, the proposed facility in Madhya Pradesh will add to the country’s domestic solar manufacturing capacity and support the wider adoption of solar energy solutions.