THEBUSINESSBYTES
BUREAU
BHUBANESWAR,
SEPTEMBER 1, 2026
Saatvik Solar
Industries Pvt Ltd, a material subsidiary of Saatvik Green Energy Ltd, has
applied for enlistment of its 2.4 GW solar cell manufacturing facility in
Odisha under the Ministry of New and Renewable Energy's (MNRE) ALMM List-II, a
move aimed at strengthening its domestic solar manufacturing capabilities.
Located in Ganjam,
Odisha, the facility is being developed to manufacture high-efficiency, high-wattage
solar cells using advanced N-TOPCon technology.
The ALMM List-II
application covers monocrystalline bifacial N-TOPCon G12R solar cell technology
under the Domestic Content Requirement (DCR) category, with Model No.
SS-NTP-210R-16BB-BF.
Subject to approval
and enlistment by MNRE, the facility will be eligible for deployment in
projects requiring compliance with applicable domestic sourcing norms.
"The advancement
of our Odisha cell manufacturing facility towards ALMM List-II enlistment is an
important milestone in our ambition to build advanced and competitive solar
manufacturing capabilities in India," Saatvik Green Energy CEO Prashant
Mathur said.
With a planned
capacity of 2.4 GW and a focus on high-efficiency N-TOPCon technology, the
facility will strengthen the company's ability to supply domestically
manufactured solar cells while supporting the broader localisation of India's
solar PV value chain, he added.
The Odisha plant is
part of Saatvik's wider manufacturing expansion strategy, under which the
company is increasing its focus on advanced solar cell and module technologies
to cater to the country's rapidly growing renewable energy market.
N-TOPCon G12R cells
are designed to offer higher conversion efficiency and increased power output,
supporting the industry's shift towards higher-performance photovoltaic
products.
The facility is also
expected to strengthen Saatvik's manufacturing footprint in Odisha and generate
opportunities for the regional industrial and supplier ecosystem.
Saatvik Green Energy
has been expanding its presence across the renewable energy value chain, with
operations spanning utility-scale solar power generation, solar PV module
manufacturing and energy storage solutions.
The company currently
has 4.86 GW of module manufacturing capacity and is pursuing further expansion
in solar cells and modules as part of its long-term manufacturing roadmap.
The company's move into domestic cell manufacturing comes as India steps up efforts to build a resilient and self-reliant solar manufacturing ecosystem, with domestic capacity, advanced technologies and DCR-compliant production gaining importance for supply-chain resilience and meeting the country's rising renewable energy requirements.
With the Odisha facility, Saatvik aims to deepen its presence further upstream in the solar PV value chain and contribute to the development of a technology-led, locally anchored and globally competitive solar manufacturing ecosystem in India.
