Dynamic Services and Security Limited (DSSL) has received an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility at MIDC Villebhagad, Tal-Mangaon, in Raigad district, Maharashtra. The company will invest Rs 10.8 billion in the project, which is a part of the Maharashtra’s Package Scheme of Incentives (PSI) 2019.
The PSI scheme aims to encourage industrial growth in underdeveloped areas of the state by offering various incentives to businesses. Under the scheme, projects with a minimum capital investment of Rs 10 billion are classified as mega industrial units.
In December 2024, the company signed an agreement with Sundigo Solar Solutions to install and commission a 2.3 MW solar rooftop system with a cost of Rs 123.5 million at Khidirpore Dock-II, Kolkata, West Bengal.