Saatvik Solar Industries said on Monday that it has signed a Memorandum of Understanding (MoU) with the Industrial Promotion and Investment Corporation of Odisha (IPICOL) for setting up a 3.6 gigawatt (GW) solar cell manufacturing facility at Gopalpur in Ganjam district of Odisha.
The proposed facility marks an important step in Saatvik Solar’s plans to further expand its manufacturing capabilities in Odisha. The project is also expected to create employment opportunities and support the development of the wider industrial ecosystem in the region.
The new facility will form part of Saatvik Solar’s broader manufacturing development at Gopalpur, where it is already progressing with its Phase I integrated manufacturing facility.
Saatvik Solar’s Phase I manufacturing facility at Gopalpur has made substantial progress, with major construction and infrastructure works completed and equipment installation and testing activities advancing across the facility.
The company has also completed key power infrastructure milestones, with the dedicated 220 kV substation ready for charging. Manufacturing lines are progressing through the final stages of installation, testing, validation and process readiness, with the company moving towards the next stage of operations.
Prashant Mathur, CEO of Saatvik Green Energy, said, “As our 2.4 GW cell and 4 GW module manufacturing lines move towards production, we are taking a decisive step towards building scale, strengthening integration and creating the foundation for our next phase of robust growth.”
Saatvik’s ambition is to build manufacturing capabilities that are globally competitive, technologically advanced and deeply aligned with India’s journey towards energy security and self-reliance, he added.
“Building on the momentum of Phase I, we are advancing plans for a further 3.6 GW Phase II expansion at Gopalpur, which will significantly scale our integrated manufacturing footprint and strengthen our ability to meet the growing demand for domestically manufactured solar products,” Mathur noted.
With Phase II targeted for commercial production by FY28, the company is preparing for the next leap in scale, he emphasised.
The company currently operates a 4.8 GW module manufacturing facility in Ambala (Haryana) and is developing a greenfield integrated manufacturing facility in Odisha with 4 GW of module capacity and 6 GW of solar cell capacity.
Published on August 17, 2026
