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Maharashtra CM Devendra Fadnavis oversaw the signing of two MoUs worth INR 15,600 crore. While Jupiter International intends to invest INR 10,900 crore for setting up a solar wafer, cell and module manufacturing unit in Nagpur, LNK Green Energy will invest INR 4,700 crore to establish a 6 GW solar cell and module manufacturing unit
Maharastra CM Devendra Fadnavis recently presided over the signing and exchange of two major Memorandum of Understanding (MoU) worth INR 15,600 crore for solar manufacturing in Maharashtra.
The first MoU was signed between the Government of Maharashtra and Jupiter International. The company intends to invest INR 10,900 crore for establishing solar wafer, cell and module manufacturing unit at Butibori, Nagpur district of Maharashtra. “It will generate 8308 employment opportunities and propelling Maharashtra towards leadership in renewable and sustainable energy,” CMO Maharashtra said in a post on X.
The other MoU was signed Government of Maharashtra and LNK Green Energy to establish a 6 GW solar cell and module manufacturing plant at Auric, MITL with an investment of INR 4,700 crore, aimed at enabling clean energy production and creating 2500 direct employment opportunities.