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CESC Subsidiary Signs MoU for 3 GW Solar Manufacturing Project in Uttar Pradesh

Written by: Team Angel OneUpdated on: 22 Jan 2026, 5:25 pm IST
CESC’s subsidiary has signed an MoU to set up a 3 GW solar cell and module plant and a 60 MW solar power project in Uttar Pradesh.
CESC Subsidiary Signs MoU for 3 GW Solar Manufacturing Project in Uttar Pradesh
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CESC Limited has announced a new renewable energy initiative through its subsidiary, marking a significant proposed investment in solar manufacturing and generation capacity in Uttar Pradesh. 

Project Scope and Planned Facilities 

CESC Green Power Limited has entered into a memorandum of understanding with the Governor of Uttar Pradesh to establish a 3 GW solar cell and module manufacturing plant in the state.  

The proposal also includes setting up a 60 MW solar power plant, along with ancillary units, a research and development laboratory and supporting infrastructure. 

Investment and Regional Focus 

The proposed facilities are planned with an investment of around ₹3,800 crore and are intended to be developed in Uttar Pradesh.  

The initiative is aimed at expanding solar manufacturing capabilities while supporting power generation and related infrastructure within the state. 

Read More: Avaada Group in Discussions with Standard Chartered, SMBC to Raise $700 Million for SJVN Solar-Wind Hybrid Project! 

CESC Share Price Performance  

As of January 22, 2026, at 9:31 AM, CESC Limited share price is trading at ₹146.70 per share, reflecting a gain of 1.09% from the previous closing price. Over the past month, the stock has declined by 12.73%. 

Conclusion 

The proposed solar manufacturing and power projects represent a sizeable planned investment by CESC Green Power Limited in expanding renewable energy capacity in Uttar Pradesh. 

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: Jan 22, 2026, 11:55 AM 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.

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