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Jakson Engineers to Set up Rs 80 Bn Solar Manufacturing Hub in Madhya Pradesh

2025-08-28

Jakson Engineers, part of the Jakson Group, has announced an investment of over Rs 8,000 crore to establish a 6 GW integrated solar module, cell and wafer plant at Maksi Phase II, Madhya Pradesh. This marks the largest solar manufacturing investment in the state to date.

The project will be developed in two phases across 110 acres recently allotted to the company. In Phase I, Jakson will commission 3 GW of solar modules and 3 GW of solar cells with an investment of Rs 20 billion. Phase II will add a 6 GW solar wafer unit along with an additional 3 GW each of modules and cells, involving an investment of over Rs 60 billion. The first solar modules are expected by May 2026, followed by cells in September 2026, in line with India’s vision of Aatmanirbhar Bharat.

“This is a momentous occasion for our company and a major leap forward for India's renewable energy sector,” said Sundeep Gupta, Vice Chairman of Jakson Group. “Our investment in Maksi is testament to our unwavering commitment to 'Make in India' and directly supports the nation's ambitious clean energy targets. We are confident that with the support of the Madhya Pradesh government, this plant will become a beacon of technological excellence and a catalyst for creating green jobs.”

Highlighting the strategic importance of the facility, Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, said, “The global demand for solar energy is soaring. Our fully integrated facility and unique 'four-in-one' business model as a manufacturer, developer, EPC, and O&M provider, aims to contribute to meeting India's energy needs and help position the country as a global solar leader. This allows us to ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance.”

Madhya Pradesh was chosen for the project due to its central location, strong infrastructure, investor-friendly ecosystem, and renewable energy policies. The plant is expected to generate over 1,000 jobs during construction and employ about 1,400 people once operational, contributing to socio-economic development in the region.

News source: Saur Energy

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