Reportedly, Jupiter Renewables, a subsidiary of Jupiter International has plans to invest Rs 27 billion to set up a solar photovoltaic (PV) cell and module manufacturing facility in Andhra Pradesh.
The project will be located in Rambilli, Anakapalli district, and will be developed in two phases. Phase-1, involving an investment of Rs 15.04 billion, will include 2.4 GW of solar PV cell and 1.5 GW of module manufacturing capacity and is scheduled for commissioning by March 2026. Phase-2, with an investment of Rs 11.96 billion, will add another 2.4 GW of solar cell manufacturing and is expected to be operational by July 2026. With this project, Jupiter becomes the third company to establish solar manufacturing operations in the state.