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Alpex Solar Limited, a prominent solar systems manufacturer, has been granted approval by the Uttar Pradesh State Industrial Development Authority (UPSIDA) for the allotment of approximately 7 acres of land in Kosi Kotwan, Mathura, along National Highway 19. The land, acquired for an estimated Rs 15.04 crore, is intended for the construction of a new manufacturing facility for solar panels and modules. The company plans to make the initial payment for the land soon and expects to obtain all necessary approvals in due course.
This strategic move is part of Alpex Solar’s expansion efforts, as highlighted by Ashwani Sehgal, the company’s Managing Director. The Mathura site is notably close to the National Capital Region (NCR), offering logistical and vendor support advantages. Alpex Solar, headquartered in Greater Noida, specializes in producing photovoltaic (PV) modules employing both monocrystalline and polycrystalline cell technologies. Its portfolio includes a variety of solar products and it offers comprehensive solutions including engineering, procurement, and construction (EPC) services.
Since beginning its operations in solar panel manufacturing in 2007, Alpex Solar has established a significant presence in the B2B market, also serving as a contract manufacturer for major companies like Jakson and Tata Power. The company has recently secured orders worth Rs. 43.70 Cr for the installation of 1434 Solar Water Pumping Systems under the PM-Kusum Scheme in Haryana and is poised to receive orders from the Rajasthan government.
The Indian government’s emphasis on self-reliance in solar energy production, coupled with restrictions on imported solar modules, particularly from China, aligns with Alpex Solar’s growth. The company’s inclusion in the government’s approved list of domestic solar manufacturers, with a capacity of 848 MW, further solidifies its role in India’s push towards renewable energy. |
