CALCULATE YOUR SIP RETURNS

Voltsun Labs to Invest ₹1,743 Crore in Andhra Pradesh Solar Manufacturing Project

Written by: Team Angel OneUpdated on: 18 Nov 2025, 8:39 pm IST
Voltsun Labs will set up a ₹1,743 crore solar plant in Andhra Pradesh, forming a 2 GW facility with advanced technologies and generating over 400 jobs.
RJ-Corp-enters-green-energy .jpg
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Voltsun Labs, part of the diversified RJ Corp group, has announced a major green energy investment in Andhra Pradesh through a new solar cell and module manufacturing complex. The project will be established at Naidupeta and reflects broader momentum in the state’s clean-tech sector. 

Project Scope and Key Announcements 

The greenfield facility involves an investment of ₹1,743 crore and will span 37 acres in the Naidupeta MPSEZ. It will form a 2 GW manufacturing ecosystem in two phases, featuring 1 GW of solar cell and 1 GW of module capacity in each phase.  

The project will use TOPCon monocrystalline and bifacial technologies. The development is expected to create 415 direct jobs, with the state supporting utilities, including a 40 MW power load and 3 MLD water supply. 

RJ Corp said the investment demonstrates confidence in the state’s policies, noting that “the group’s decision to enter advanced solar manufacturing in Andhra Pradesh reflects trust in the state’s governance, policies, and speed of doing business.” 

Renewable Energy Push and Industry Context 

The announcement follows the state securing commitments worth ₹13.25 trillion during the recent CII Partnership Summit, including ₹5.33 trillion in renewable energy. Notable commitments include $12 billion from Evren and a fresh $6.7 billion plan from ReNew. AM Green Group also outlined a ₹10,000 crore investment in bio-refineries and sustainable aviation fuel production. 

RJ Corp commented on Andhra Pradesh’s expanding clean-tech ecosystem, stating, “The entry of a global-scale conglomerate like RJ Corp into the solar manufacturing space marks a significant step in Andhra Pradesh’s rise as India’s renewable energy powerhouse. 

Read More: GRSE Signs MoU with Andhra Pradesh Maritime Board for New Green-Field Shipyard! 

Conclusion 

Voltsun Labs’ investment strengthens Andhra Pradesh’s position as a fast-growing hub for renewable manufacturing while marking a pivotal shift for RJ Corp into the solar sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 18, 2025, 3:07 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers