AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Websol Energy gets Andhra Pradesh govt nod for 4 GW solar expansion plant
Websol Energy System Limited
January 11, 2026, 06:37 PM
Top Queries to Ask About Websol Energy System Limited
InstantThinking to buy or sell Websol Energy System Limited? Ask AI before you act.
Trusted by 5,000+ users
More Details on This News
Websol Energy System Limited (Websol) has received approval from the Government of Andhra Pradesh for its proposed greenfield 4 GW solar cell and solar module manufacturing facility at MPSEZ, Naidupeta, Tirupati district. This approval follows a Memorandum of Understanding signed with the Andhra Pradesh Economic Development Board (APEDB) on 15th November 2025.
The Andhra Pradesh government has offered an incentive package including land allotment, fixed capital investment subsidy, power tariff reimbursement, electricity duty exemption, subsidy on industrial water charges, and exemption from stamp duty and other registration charges. Websol also plans to establish a 100 MW captive solar power plant within the facility to ensure reliable energy access and improve operating costs.
Mr. Sohan Lal Agarwal, Managing Director of Websol Energy, stated that this expansion aligns with India's renewable energy goals and the Atmanirbhar Bharat initiative. He highlighted the supportive industrial ecosystem in Andhra Pradesh as a strong platform for their growth strategy. The company aims to contribute significantly to the renewable energy sector with this expansion.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
More News on Websol Energy System Limited
Analyze Websol Energy System Limited