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In a major step toward strengthening India’s renewable energy ecosystem, the Madhya Pradesh
government has granted 60 acres of land in Narmadapuram’s Manufacturing Zone to Cosmic
PV Power Limited, a Gujarat-based solar module producer. This strategic move marks a new
milestone for both the company and the state’s clean energy ambitions.
Led by Shravn Gupta and Jenish Ghael, Cosmic PV Power has been a rising name in the solar
sector, already manufacturing mono-PERC and TOPCon-based solar modules in Gujarat. With
this new allocation, the company is set to venture into solar cell production, completing a crucial
part of its backward integration strategy. This will not only enhance control over its production
chain but also improve cost efficiency and profit margins—especially once the Approved List of
Cell Manufacturers (ALCM) policy takes effect.
The upcoming 4 GW solar cell manufacturing facility, to be developed in phases, is envisioned
as a state-of-the-art plant that will bring cutting-edge technology and large-scale efficiency
under one roof. Beyond production expansion, the facility is expected to create significant
employment opportunities, stimulate regional industrial growth, and contribute meaningfully to
India’s clean energy revolution.
According to the company’s management, this development represents “a landmark
achievement” in their growth journey. They emphasized that the project will not only diversify
Cosmic PV Power’s product portfolio but also reinforce its position among the leading clean
energy players in India.
The Madhya Pradesh government’s move aligns with its broader vision of making the state a hub
for solar manufacturing and investment. In recent months, several renewable energy firms have
expressed interest in establishing operations in MP, signaling the success of the state’s proactive
industrial and green energy policies.
With Cosmic PV Power’s expansion into solar cell manufacturing, Madhya Pradesh is poised to
shine even brighter on India’s renewable energy map—turning sunlight into both sustainability
and economic strength.