Category: All News

Agastya Green Energy Limited, a part of Anubhav Agarwal Group, announced its expansion into Integrated 12 GW Ingot and Wafer manufacturing at the Orvakal Industrial Area in Kurnool, Andhra Pradesh, with a project cost of approximately ₹7,800 crore. The expansion will complement the company’s existing solar cell and module manufacturing capabilities.

The project will establish 12 GW each of integrated ingot and wafer manufacturing capacity, strengthening Agastya Energy’s domestic manufacturing capabilities and enabling greater domestic value addition within India’s solar manufacturing sector. The Pooja marks the commencement of this next phase of growth, which is expected to generate 3,500+ employment opportunities and further Agastya Energy’s vision of building an integrated and globally competitive solar photovoltaic manufacturing platform in India.

Mr. Anubhav Agarwal, Chairman, AAG (Anubhav Agarwal Group), said, “At AAG, our focus is on building businesses that contribute meaningfully to India’s growth and advance our vision to empower India’s journey towards energy security. Our ₹7,800 crore investment in Agastya Energy reflects our long-term conviction in India’s energy transition and our commitment to building globally competitive manufacturing capabilities at scale. We believe that strengthening domestic manufacturing will be critical to meeting India’s growing energy needs, reducing import dependence and creating a resilient energy ecosystem for the decades ahead.”

We are grateful to the Government of Andhra Pradesh for its continued support and commitment to fostering a conducive environment for large-scale manufacturing and renewable energy investments. We extend our sincere appreciation to Shri N. Chandrababu Naidu, Hon. Chief Minister of Andhra Pradesh; Shri Nara Lokesh, Hon. Minister of Human Resources Development, Information Technology, Electronics & Communication, Real Time Governance of Andhra Pradesh; and Shri T. G. Bharath, Hon. Minister of Industries, Commerce and Food Processing. Their leadership, vision and encouragement have been instrumental in advancing industrial growth, strengthening investor confidence and enabling transformative projects that contribute to India’s clean energy future.

Mr. Piyush Bichhoriya, Director, Agastya Energy, said, “The expansion into Ingot and Wafer manufacturing marks a critical upstream pillar of Agastya Energy’s integrated solar manufacturing strategy, complementing our solar cell and module capabilities and strengthening our end-to-end PV value chain. It will deepen our presence across the solar ecosystem, drive greater domestic value addition, and create synergies across manufacturing, IPP and EPC. As we scale, our focus remains on efficient execution and building a future-ready platform to support India’s growing renewable energy needs. In many ways, this is our contribution to Powering the Age of India.”

Mr. Bernhard Rack, CEO, Agastya Energy, said, “The global energy transition is creating a strong need for resilient, scalable and globally competitive solar manufacturing. This expansion will strengthen Agastya Energy’s capabilities across ingots, wafers, cells and modules. It marks an important step towards establishing India as a leading hub for clean energy manufacturing.”

The integrated facility will bring together ingot, wafer, cell and module manufacturing, enabling greater domestic value addition, manufacturing efficiency and deeper integration across the upstream and downstream segments of the photovoltaic value chain. The project comes at a time when India continues to strengthen its solar manufacturing and renewable energy ecosystem, with the Ministry of New and Renewable Energy (MNRE) progressively strengthening the ALMM framework, including ALMM List III, for solar PV modules, cells and wafers. In this context, the facility aligns with the Government of India’s Make in India and Atmanirbhar Bharat priorities, while supporting the country’s broader ambitions for renewable energy, energy security and a globally competitive domestic solar manufacturing ecosystem.

Agastya Green Energy Limited, a part of Anubhav Agarwal Group, announced its expansion into Integrated 12 GW Ingot and Wafer manufacturing at the Orvakal Industrial Area in Kurnool, Andhra Pradesh, with a project cost of approximately ₹7,800 crore. The expansion will complement the company’s existing solar cell and module manufacturing capabilities.

The project will establish 12 GW each of integrated ingot and wafer manufacturing capacity, strengthening Agastya Energy’s domestic manufacturing capabilities and enabling greater domestic value addition within India’s solar manufacturing sector. The Pooja marks the commencement of this next phase of growth, which is expected to generate 3,500+ employment opportunities and further Agastya Energy’s vision of building an integrated and globally competitive solar photovoltaic manufacturing platform in India.

Mr. Anubhav Agarwal, Chairman, AAG (Anubhav Agarwal Group), said, “At AAG, our focus is on building businesses that contribute meaningfully to India’s growth and advance our vision to empower India’s journey towards energy security. Our ₹7,800 crore investment in Agastya Energy reflects our long-term conviction in India’s energy transition and our commitment to building globally competitive manufacturing capabilities at scale. We believe that strengthening domestic manufacturing will be critical to meeting India’s growing energy needs, reducing import dependence and creating a resilient energy ecosystem for the decades ahead.”

We are grateful to the Government of Andhra Pradesh for its continued support and commitment to fostering a conducive environment for large-scale manufacturing and renewable energy investments. We extend our sincere appreciation to Shri N. Chandrababu Naidu, Hon. Chief Minister of Andhra Pradesh; Shri Nara Lokesh, Hon. Minister of Human Resources Development, Information Technology, Electronics & Communication, Real Time Governance of Andhra Pradesh; and Shri T. G. Bharath, Hon. Minister of Industries, Commerce and Food Processing. Their leadership, vision and encouragement have been instrumental in advancing industrial growth, strengthening investor confidence and enabling transformative projects that contribute to India’s clean energy future.

Mr. Piyush Bichhoriya, Director, Agastya Energy, said, “The expansion into Ingot and Wafer manufacturing marks a critical upstream pillar of Agastya Energy’s integrated solar manufacturing strategy, complementing our solar cell and module capabilities and strengthening our end-to-end PV value chain. It will deepen our presence across the solar ecosystem, drive greater domestic value addition, and create synergies across manufacturing, IPP and EPC. As we scale, our focus remains on efficient execution and building a future-ready platform to support India’s growing renewable energy needs. In many ways, this is our contribution to Powering the Age of India.”

Mr. Bernhard Rack, CEO, Agastya Energy, said, “The global energy transition is creating a strong need for resilient, scalable and globally competitive solar manufacturing. This expansion will strengthen Agastya Energy’s capabilities across ingots, wafers, cells and modules. It marks an important step towards establishing India as a leading hub for clean energy manufacturing.”

The integrated facility will bring together ingot, wafer, cell and module manufacturing, enabling greater domestic value addition, manufacturing efficiency and deeper integration across the upstream and downstream segments of the photovoltaic value chain. The project comes at a time when India continues to strengthen its solar manufacturing and renewable energy ecosystem, with the Ministry of New and Renewable Energy (MNRE) progressively strengthening the ALMM framework, including ALMM List III, for solar PV modules, cells and wafers. In this context, the facility aligns with the Government of India’s Make in India and Atmanirbhar Bharat priorities, while supporting the country’s broader ambitions for renewable energy, energy security and a globally competitive domestic solar manufacturing ecosystem.

Agastya Green Energy Limited, a part of Anubhav Agarwal Group, announced its expansion into Integrated 12 GW Ingot and Wafer manufacturing at the Orvakal Industrial Area in Kurnool, Andhra Pradesh, with a project cost of approximately ₹7,800 crore. The expansion will complement the company’s existing solar cell and module manufacturing capabilities.

The project will establish 12 GW each of integrated ingot and wafer manufacturing capacity, strengthening Agastya Energy’s domestic manufacturing capabilities and enabling greater domestic value addition within India’s solar manufacturing sector. The Pooja marks the commencement of this next phase of growth, which is expected to generate 3,500+ employment opportunities and further Agastya Energy’s vision of building an integrated and globally competitive solar photovoltaic manufacturing platform in India.

Mr. Anubhav Agarwal, Chairman, AAG (Anubhav Agarwal Group), said, “At AAG, our focus is on building businesses that contribute meaningfully to India’s growth and advance our vision to empower India’s journey towards energy security. Our ₹7,800 crore investment in Agastya Energy reflects our long-term conviction in India’s energy transition and our commitment to building globally competitive manufacturing capabilities at scale. We believe that strengthening domestic manufacturing will be critical to meeting India’s growing energy needs, reducing import dependence and creating a resilient energy ecosystem for the decades ahead.”

We are grateful to the Government of Andhra Pradesh for its continued support and commitment to fostering a conducive environment for large-scale manufacturing and renewable energy investments. We extend our sincere appreciation to Shri N. Chandrababu Naidu, Hon. Chief Minister of Andhra Pradesh; Shri Nara Lokesh, Hon. Minister of Human Resources Development, Information Technology, Electronics & Communication, Real Time Governance of Andhra Pradesh; and Shri T. G. Bharath, Hon. Minister of Industries, Commerce and Food Processing. Their leadership, vision and encouragement have been instrumental in advancing industrial growth, strengthening investor confidence and enabling transformative projects that contribute to India’s clean energy future.

Mr. Piyush Bichhoriya, Director, Agastya Energy, said, “The expansion into Ingot and Wafer manufacturing marks a critical upstream pillar of Agastya Energy’s integrated solar manufacturing strategy, complementing our solar cell and module capabilities and strengthening our end-to-end PV value chain. It will deepen our presence across the solar ecosystem, drive greater domestic value addition, and create synergies across manufacturing, IPP and EPC. As we scale, our focus remains on efficient execution and building a future-ready platform to support India’s growing renewable energy needs. In many ways, this is our contribution to Powering the Age of India.”

Mr. Bernhard Rack, CEO, Agastya Energy, said, “The global energy transition is creating a strong need for resilient, scalable and globally competitive solar manufacturing. This expansion will strengthen Agastya Energy’s capabilities across ingots, wafers, cells and modules. It marks an important step towards establishing India as a leading hub for clean energy manufacturing.”

The integrated facility will bring together ingot, wafer, cell and module manufacturing, enabling greater domestic value addition, manufacturing efficiency and deeper integration across the upstream and downstream segments of the photovoltaic value chain. The project comes at a time when India continues to strengthen its solar manufacturing and renewable energy ecosystem, with the Ministry of New and Renewable Energy (MNRE) progressively strengthening the ALMM framework, including ALMM List III, for solar PV modules, cells and wafers. In this context, the facility aligns with the Government of India’s Make in India and Atmanirbhar Bharat priorities, while supporting the country’s broader ambitions for renewable energy, energy security and a globally competitive domestic solar manufacturing ecosystem.

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the appointment of PV Sindhu, two-time Olympic medallist and 2019 World Champion, as its brand ambassador.

The partnership brings together two journeys that reflect the ambition and determination of a new India. While Sindhu has inspired the nation through her achievements on the global sporting stage, HFE is contributing to India’s growth through its work in renewable energy and the transition towards a cleaner, more sustainable energy future. The association reflects a shared belief in pushing boundaries today to create greater opportunities for the generations to come.

On welcoming PV Sindhu, Rahul Munjal, Founder and Chairman, Hero Future Energies, said: “India is at an important point in its journey, with the opportunity to build an economy that is not only larger, but cleaner, more energy-secure and future-ready. Sport and clean energy may be very different fields, but both are driven by the same belief that progress comes from setting ambitious goals and staying committed to them. PV Sindhu has played an important role in shaping India’s sporting story, while HFE is working to build the energy foundation for India’s next chapter of growth. We are very pleased to have Sindhu join us as our brand ambassador and look forward to using this partnership to celebrate and contribute to the India we are building.”

On her association with HFE, PV Sindhu said, “I have seen what India can achieve on the world stage, and I believe we are only getting started. Clean energy will be an important part of what comes next, powering the way India grows and creating a better future for the generations that follow. I am proud to partner with Hero Future Energies and contribute in my own way to this journey.”

PV Sindhu’s journey, from a young athlete to a two-time Olympic medallist and World Champion, has made her one of India’s most recognised sporting icons. Her achievements have helped strengthen India’s presence on the global sporting stage and inspired millions of young Indians to aspire to excellence.

HFE brings the legacy of the Hero Group to another defining opportunity for India. As one of the early players in the country’s renewable energy sector, HFE has been part of India’s clean energy journey for the last 14 years, building scale and capabilities as the sector has evolved. Today, HFE has a total portfolio of 7.7 GWp of renewable energy assets and 2.9 GWh of battery energy storage capacity, including operational and under-development projects. The company is now entering its next phase of growth, with a significant portion of its portfolio comprising complex renewable energy projects, including Firm and Dispatchable Renewable Energy (FDRE) and Round-the-Clock (RTC) power solutions. HFE is also building a larger and more diversified portfolio across emerging areas such as energy storage and green hydrogen.

With this next phase of expansion, HFE is looking to play a larger role in meeting India’s growing energy needs and supporting the country’s transition to a cleaner and more energy-secure future. The partnership connects these two journeys of nation-building; Sindhu representing India on the world stage, and HFE helping build the energy foundation for India’s next phase of growth.

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the appointment of PV Sindhu, two-time Olympic medallist and 2019 World Champion, as its brand ambassador.

The partnership brings together two journeys that reflect the ambition and determination of a new India. While Sindhu has inspired the nation through her achievements on the global sporting stage, HFE is contributing to India’s growth through its work in renewable energy and the transition towards a cleaner, more sustainable energy future. The association reflects a shared belief in pushing boundaries today to create greater opportunities for the generations to come.

On welcoming PV Sindhu, Rahul Munjal, Founder and Chairman, Hero Future Energies, said: “India is at an important point in its journey, with the opportunity to build an economy that is not only larger, but cleaner, more energy-secure and future-ready. Sport and clean energy may be very different fields, but both are driven by the same belief that progress comes from setting ambitious goals and staying committed to them. PV Sindhu has played an important role in shaping India’s sporting story, while HFE is working to build the energy foundation for India’s next chapter of growth. We are very pleased to have Sindhu join us as our brand ambassador and look forward to using this partnership to celebrate and contribute to the India we are building.”

On her association with HFE, PV Sindhu said, “I have seen what India can achieve on the world stage, and I believe we are only getting started. Clean energy will be an important part of what comes next, powering the way India grows and creating a better future for the generations that follow. I am proud to partner with Hero Future Energies and contribute in my own way to this journey.”

PV Sindhu’s journey, from a young athlete to a two-time Olympic medallist and World Champion, has made her one of India’s most recognised sporting icons. Her achievements have helped strengthen India’s presence on the global sporting stage and inspired millions of young Indians to aspire to excellence.

HFE brings the legacy of the Hero Group to another defining opportunity for India. As one of the early players in the country’s renewable energy sector, HFE has been part of India’s clean energy journey for the last 14 years, building scale and capabilities as the sector has evolved. Today, HFE has a total portfolio of 7.7 GWp of renewable energy assets and 2.9 GWh of battery energy storage capacity, including operational and under-development projects. The company is now entering its next phase of growth, with a significant portion of its portfolio comprising complex renewable energy projects, including Firm and Dispatchable Renewable Energy (FDRE) and Round-the-Clock (RTC) power solutions. HFE is also building a larger and more diversified portfolio across emerging areas such as energy storage and green hydrogen.

With this next phase of expansion, HFE is looking to play a larger role in meeting India’s growing energy needs and supporting the country’s transition to a cleaner and more energy-secure future. The partnership connects these two journeys of nation-building; Sindhu representing India on the world stage, and HFE helping build the energy foundation for India’s next phase of growth.

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the appointment of PV Sindhu, two-time Olympic medallist and 2019 World Champion, as its brand ambassador.

The partnership brings together two journeys that reflect the ambition and determination of a new India. While Sindhu has inspired the nation through her achievements on the global sporting stage, HFE is contributing to India’s growth through its work in renewable energy and the transition towards a cleaner, more sustainable energy future. The association reflects a shared belief in pushing boundaries today to create greater opportunities for the generations to come.

On welcoming PV Sindhu, Rahul Munjal, Founder and Chairman, Hero Future Energies, said: “India is at an important point in its journey, with the opportunity to build an economy that is not only larger, but cleaner, more energy-secure and future-ready. Sport and clean energy may be very different fields, but both are driven by the same belief that progress comes from setting ambitious goals and staying committed to them. PV Sindhu has played an important role in shaping India’s sporting story, while HFE is working to build the energy foundation for India’s next chapter of growth. We are very pleased to have Sindhu join us as our brand ambassador and look forward to using this partnership to celebrate and contribute to the India we are building.”

On her association with HFE, PV Sindhu said, “I have seen what India can achieve on the world stage, and I believe we are only getting started. Clean energy will be an important part of what comes next, powering the way India grows and creating a better future for the generations that follow. I am proud to partner with Hero Future Energies and contribute in my own way to this journey.”

PV Sindhu’s journey, from a young athlete to a two-time Olympic medallist and World Champion, has made her one of India’s most recognised sporting icons. Her achievements have helped strengthen India’s presence on the global sporting stage and inspired millions of young Indians to aspire to excellence.

HFE brings the legacy of the Hero Group to another defining opportunity for India. As one of the early players in the country’s renewable energy sector, HFE has been part of India’s clean energy journey for the last 14 years, building scale and capabilities as the sector has evolved. Today, HFE has a total portfolio of 7.7 GWp of renewable energy assets and 2.9 GWh of battery energy storage capacity, including operational and under-development projects. The company is now entering its next phase of growth, with a significant portion of its portfolio comprising complex renewable energy projects, including Firm and Dispatchable Renewable Energy (FDRE) and Round-the-Clock (RTC) power solutions. HFE is also building a larger and more diversified portfolio across emerging areas such as energy storage and green hydrogen.

With this next phase of expansion, HFE is looking to play a larger role in meeting India’s growing energy needs and supporting the country’s transition to a cleaner and more energy-secure future. The partnership connects these two journeys of nation-building; Sindhu representing India on the world stage, and HFE helping build the energy foundation for India’s next phase of growth.

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the appointment of PV Sindhu, two-time Olympic medallist and 2019 World Champion, as its brand ambassador.

The partnership brings together two journeys that reflect the ambition and determination of a new India. While Sindhu has inspired the nation through her achievements on the global sporting stage, HFE is contributing to India’s growth through its work in renewable energy and the transition towards a cleaner, more sustainable energy future. The association reflects a shared belief in pushing boundaries today to create greater opportunities for the generations to come.

On welcoming PV Sindhu, Rahul Munjal, Founder and Chairman, Hero Future Energies, said: “India is at an important point in its journey, with the opportunity to build an economy that is not only larger, but cleaner, more energy-secure and future-ready. Sport and clean energy may be very different fields, but both are driven by the same belief that progress comes from setting ambitious goals and staying committed to them. PV Sindhu has played an important role in shaping India’s sporting story, while HFE is working to build the energy foundation for India’s next chapter of growth. We are very pleased to have Sindhu join us as our brand ambassador and look forward to using this partnership to celebrate and contribute to the India we are building.”

On her association with HFE, PV Sindhu said, “I have seen what India can achieve on the world stage, and I believe we are only getting started. Clean energy will be an important part of what comes next, powering the way India grows and creating a better future for the generations that follow. I am proud to partner with Hero Future Energies and contribute in my own way to this journey.”

PV Sindhu’s journey, from a young athlete to a two-time Olympic medallist and World Champion, has made her one of India’s most recognised sporting icons. Her achievements have helped strengthen India’s presence on the global sporting stage and inspired millions of young Indians to aspire to excellence.

HFE brings the legacy of the Hero Group to another defining opportunity for India. As one of the early players in the country’s renewable energy sector, HFE has been part of India’s clean energy journey for the last 14 years, building scale and capabilities as the sector has evolved. Today, HFE has a total portfolio of 7.7 GWp of renewable energy assets and 2.9 GWh of battery energy storage capacity, including operational and under-development projects. The company is now entering its next phase of growth, with a significant portion of its portfolio comprising complex renewable energy projects, including Firm and Dispatchable Renewable Energy (FDRE) and Round-the-Clock (RTC) power solutions. HFE is also building a larger and more diversified portfolio across emerging areas such as energy storage and green hydrogen.

With this next phase of expansion, HFE is looking to play a larger role in meeting India’s growing energy needs and supporting the country’s transition to a cleaner and more energy-secure future. The partnership connects these two journeys of nation-building; Sindhu representing India on the world stage, and HFE helping build the energy foundation for India’s next phase of growth.

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the appointment of PV Sindhu, two-time Olympic medallist and 2019 World Champion, as its brand ambassador.

The partnership brings together two journeys that reflect the ambition and determination of a new India. While Sindhu has inspired the nation through her achievements on the global sporting stage, HFE is contributing to India’s growth through its work in renewable energy and the transition towards a cleaner, more sustainable energy future. The association reflects a shared belief in pushing boundaries today to create greater opportunities for the generations to come.

On welcoming PV Sindhu, Rahul Munjal, Founder and Chairman, Hero Future Energies, said: “India is at an important point in its journey, with the opportunity to build an economy that is not only larger, but cleaner, more energy-secure and future-ready. Sport and clean energy may be very different fields, but both are driven by the same belief that progress comes from setting ambitious goals and staying committed to them. PV Sindhu has played an important role in shaping India’s sporting story, while HFE is working to build the energy foundation for India’s next chapter of growth. We are very pleased to have Sindhu join us as our brand ambassador and look forward to using this partnership to celebrate and contribute to the India we are building.”

On her association with HFE, PV Sindhu said, “I have seen what India can achieve on the world stage, and I believe we are only getting started. Clean energy will be an important part of what comes next, powering the way India grows and creating a better future for the generations that follow. I am proud to partner with Hero Future Energies and contribute in my own way to this journey.”

PV Sindhu’s journey, from a young athlete to a two-time Olympic medallist and World Champion, has made her one of India’s most recognised sporting icons. Her achievements have helped strengthen India’s presence on the global sporting stage and inspired millions of young Indians to aspire to excellence.

HFE brings the legacy of the Hero Group to another defining opportunity for India. As one of the early players in the country’s renewable energy sector, HFE has been part of India’s clean energy journey for the last 14 years, building scale and capabilities as the sector has evolved. Today, HFE has a total portfolio of 7.7 GWp of renewable energy assets and 2.9 GWh of battery energy storage capacity, including operational and under-development projects. The company is now entering its next phase of growth, with a significant portion of its portfolio comprising complex renewable energy projects, including Firm and Dispatchable Renewable Energy (FDRE) and Round-the-Clock (RTC) power solutions. HFE is also building a larger and more diversified portfolio across emerging areas such as energy storage and green hydrogen.

With this next phase of expansion, HFE is looking to play a larger role in meeting India’s growing energy needs and supporting the country’s transition to a cleaner and more energy-secure future. The partnership connects these two journeys of nation-building; Sindhu representing India on the world stage, and HFE helping build the energy foundation for India’s next phase of growth.