Websol Energy receives 54.20 acres land for 4 GW solar cell & module facility
Websol Energy System Limited has been allotted 54.20 acres of land in West Bengal for a greenfield solar manufacturing facility. The facility will have a 4 GW solar cell and 4 GW solar module capacity, developed in two phases. This expansion is part of Websol's strategy to enhance domestic solar manufacturing.
The land allotment for a large-scale manufacturing facility represents a significant strategic move that will impact the company's future production capacity and market position.
The allotment of land for a significant solar manufacturing facility is a positive development for the company's expansion and contribution to renewable energy.
Websol Energy System Limited (Websol) has announced that the Government of West Bengal has allotted a parcel of land measuring approximately 54.20 acres to the Company at Falta Industrial Park, Kolkata, West Bengal. This land is designated for its planned greenfield solar manufacturing facility.
The new facility is planned with a capacity of 4 GW for solar cells and 4 GW for solar modules, which will be developed in two phases, each with a capacity of 2 GW. The land allotment is strategically located near Websol's existing manufacturing operations in the Falta Special Economic Zone, allowing the company to leverage over three decades of operational experience in the state. This includes access to skilled manpower, established supplier relationships, and familiarity with the local ecosystem, which are expected to facilitate faster project execution.
The proposed facility aims to create a larger integrated manufacturing base for Websol in eastern India, aligning with the expansion of domestic solar manufacturing capacity to meet India's growing renewable energy demands. Mr. Sohan Lal Agarwal, Chairman & Managing Director of Websol Energy System Ltd, stated that this land allotment marks the next phase of the company's growth, enabling expansion at a larger scale within a familiar ecosystem. Ms. Sanjana Khaitan, Executive Director, highlighted the focus on execution, moving from land allotment to construction, commissioning, and utilization, with an aim to achieve 2028 targets.
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