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Navitas Solar Plans ₹10,000 Crore Investment Across Gujarat, Maharashtra Photograph: (AI)
Navitas Solar plans to invest ₹10,000 crore over the next five years to expand its presence across the renewable energy value chain in Gujarat and Maharashtra, with investments spanning solar manufacturing, battery energy storage and renewable power generation.
The company said the investment will support expansion into ingots, wafers, high-efficiency solar cells and modules, alongside battery energy storage systems (BESS) and renewable power projects. The plan marks an expansion of Navitas Solar beyond its existing module manufacturing operations, with the company looking to build capabilities across both upstream and downstream segments of the solar value chain.
As part of the roadmap, Navitas Solar is developing a 2.4 GW solar cell manufacturing facility at Sisodara in Gujarat. The first phase of the project involves an investment of around ₹1,200 crore and is targeted to become operational by July 2027. The company is also developing pilot lines for ingot and wafer manufacturing, which it said will help build technical capabilities and provide a base for future capacity expansion.
Beyond manufacturing, Navitas Solar is expanding into renewable power generation in Maharashtra. The company is developing two solar parks with capacities of 200 MW and 25 MW under EPC and independent power producer (IPP) models. In Gujarat, the company plans to enter the energy storage segment with a 5 GWh battery energy storage facility in Vadodara.
“India’s renewable energy journey is entering a phase where scale, technology and supply-chain depth will increasingly determine the competitiveness of the sector. At Navitas Solar, we want to participate across the value chain and build capabilities that enable us to contribute meaningfully to India’s clean energy transition,” Ankit Singhania, Director, Navitas Solar, said.
“Our planned ₹10,000 crore investment over the next five years is a reflection of this ambition. We are investing not only in manufacturing capacity, but also in the technologies and infrastructure that will shape the next phase of India’s renewable energy ecosystem,” he added.
The proposed investments build on Navitas Solar’s existing manufacturing base. The company currently has 3 GW of annual solar module manufacturing capacity and produces high-efficiency modules based on TOPCon and bifacial Mono PERC technologies. The company is also pursuing backward integration through its solar encapsulant business, Navitas Alpha, while its renewable energy portfolio is being expanded through subsidiaries such as Navitas Planet.
Navitas Solar said its EPC business is also expanding into the Southern African region, focusing on utility- and IPP-scale projects. The investment plan comes as solar manufacturers in India increasingly look to expand beyond module assembly into upstream manufacturing and adjacent segments such as energy storage and renewable power generation. For Navitas Solar, the proposed expansion would create a platform spanning ingot and wafer manufacturing, solar cells and modules, energy storage, EPC execution and renewable power generation.
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