Jupiter International has signed a Memorandum of Understanding (MoU) with the Government of Odisha to establish a Photovoltaic Solar Cell and Module Manufacturing Unit in Khordha with an investment of Rs 2,005 crore through its subsidiary, Jupiter Renewables.
The facility will have an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules, contributing to the expansion of India’s solar manufacturing ecosystem.
The MoU was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025, where Jupiter International participated in discussions on solar manufacturing growth and India’s transition to clean energy.
"This investment marks a major milestone in our vision to build a fully integrated solar manufacturing ecosystem in India," said Alok Garodia, Managing Director, Jupiter International. "By integrating advanced solar cell and module manufacturing, this facility will help strengthen and create a sustainable supply chain that supports India’s clean energy transition."
Jupiter International’s expansion plans include achieving 3 GW of wafer capacity, 9.4 GW of solar cell capacity, and 6 GW of module production over the next three years. The company aims to enhance domestic solar manufacturing, reduce import dependency, and create employment opportunities.
The project aligns with Odisha’s industrial and renewable energy goals and India’s target of 500 GW of renewable capacity by 2030.
