Alpex Solar to Establish 1.2 GW Solar Module Plant in Mathura
Alpex Solar, a leading player in the renewable energy sector, has unveiled its ambitious plans to establish a 1.2-gigawatt (GW) solar module manufacturing facility in Mathura, Uttar Pradesh. This significant investment is aimed at boosting the company's production capacity and supporting India's efforts to transition to sustainable energy sources.
The new facility, which is expected to be operational by the end of 2026, will be built on a sprawling 50-acre site in Mathura. The project will leverage Alpex Solar's internal accruals and is projected to create over 1,000 direct and indirect jobs in the region. The company has already initiated the land acquisition process and is in the final stages of securing the necessary approvals from the state government.
Mathura, a city with a rich historical and cultural heritage, is rapidly emerging as a hub for industrial and infrastructural development. The strategic location of the new plant will enable Alpex Solar to benefit from the region's robust transportation network, skilled workforce, and supportive business environment.
Alpex Solar's CEO, Mr. Rajesh Sharma, expressed his enthusiasm about the project, stating, “This new facility is a significant step forward in our mission to become a leading provider of renewable energy solutions. We are committed to supporting the Indian government's vision of achieving 450 GW of renewable energy capacity by 2030. The Mathura plant will play a crucial role in this journey by ensuring a steady supply of high-quality solar modules.”
The company has a strong track record of innovation and quality, with existing manufacturing facilities in Maharashtra and Haryana. These plants have been instrumental in supplying solar modules to various state electricity distribution companies, including the Maharashtra State Electricity Distribution Company (MSEDCL) and the Haryana Renewable Energy Development Agency (HREDA).
The new plant in Mathura will adopt state-of-the-art technology and sustainable practices to minimize its environmental footprint. Alpex Solar is committed to using renewable energy sources for the plant's operations, further aligning with the company's sustainability goals. The facility will also incorporate advanced automation and data analytics to optimize production efficiency and ensure the highest standards of quality control.
The announcement of the Mathura plant has been welcomed by industry experts and government officials alike. Mr. Anil Kumar, the Chief Minister of Uttar Pradesh, praised Alpex Solar's initiative, saying, “This project is a testament to the proactive approach of the state government in attracting investments and promoting industrial growth. We are committed to providing all necessary support to ensure the successful implementation of this project.”
Alpex Solar's expansion plans are not limited to the Mathura plant. The company is also exploring opportunities to set up additional manufacturing facilities in other parts of the country. These efforts are expected to further strengthen Alpex Solar's position in the market and contribute to the growth of the renewable energy sector in India.
In conclusion, the establishment of the 1.2 GW solar module plant in Mathura represents a significant milestone for Alpex Solar and the Indian renewable energy industry. With a focus on innovation, sustainability, and job creation, the new facility is poised to play a pivotal role in India's transition to a greener future.