Teerth Gopicon, a civil infrastructure EPC company, is set to invest ₹1,500 crore to establish a 3 GW TOPCon solar cell and module manufacturing facility in Madhya Pradesh.
Agreement with State Government
The company signed a Memorandum of Understanding (MoU) with the new and renewable energy department, government of Madhya Pradesh. The agreement will facilitate the investment. The agreement was formalized during the Global Investor Summit 2025 in Bhopal.
Government Support and Approvals
The Madhya Pradesh government will assist Teerth Gopicon in obtaining necessary approvals and clearances. It will also help secure concessions from various departments, organizations, and stakeholders. As reported by pv-magazine-india.com, the collaboration aims to accelerate the state’s renewable energy initiatives and boost local manufacturing.