StarlinePS Invests ₹160 Crore in Celloraa Energy’s Solar Cell Plant – Machine Maker

StarlinePS Enterprises Ltd has announced a strategic investment of ₹160 crore in Celloraa Energy Pvt Ltd to support the establishment of a 1.2 GW Domestic Content Requirement (DCR)-compliant solar cell manufacturing facility in Surat, Gujarat. The investment is aimed at strengthening India’s domestic solar manufacturing capabilities and supporting the country’s expanding renewable energy sector.
The upcoming manufacturing unit will produce high-quality solar cells that meet Domestic Content Requirement standards, helping address the increasing demand for locally manufactured components in India’s solar power projects. The facility is expected to enhance domestic production capacity while reducing dependence on imported solar equipment.
The investment marks a significant step in expanding India’s clean energy manufacturing base and aligns with the country’s efforts to build a self-reliant renewable energy ecosystem. By supporting advanced solar cell production, the project is expected to contribute to the growth of domestic supply chains, create employment opportunities and promote technological advancement in the solar manufacturing industry.
Celloraa Energy plans to develop a modern production facility equipped with advanced manufacturing technologies to deliver high-performance solar cells for utility-scale, commercial and industrial applications. The project is also expected to strengthen India’s position as a global manufacturing hub for clean energy technologies.
Commenting on the investment, Shwet Koradiya, Director of StarlinePS Enterprises Ltd, said the company sees strong growth potential in India’s renewable energy manufacturing sector. He noted that the investment reflects StarlinePS’ confidence in Celloraa Energy’s long-term vision and its ability to build globally competitive manufacturing capabilities. He added that the partnership underlines the company’s commitment to encouraging technological innovation, strengthening domestic manufacturing and supporting India’s transition towards clean and sustainable energy.
Brijesh Gondaliya, Director of Celloraa Energy Pvt. Ltd., said the investment represents an important milestone in the company’s expansion plans. He stated that the partnership with StarlinePS Enterprises will accelerate the development of world-class solar manufacturing infrastructure in India while supporting the country’s goal of achieving greater energy independence. He added that both companies share a common vision of building a strong domestic manufacturing ecosystem capable of serving the growing needs of India’s renewable energy market.
With solar power continuing to play a central role in India’s energy transition, investments in domestic manufacturing have gained increasing importance. The proposed 1.2 GW facility is expected to contribute to the country’s long-term renewable energy targets while reinforcing efforts to build a resilient and competitive solar manufacturing industry. The project also reflects growing private sector participation in expanding India’s clean energy infrastructure and supporting sustainable industrial growth.
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