Category: All News

  • Olectra Becomes First Company in India to Deploy 4,000 Electric Buses

    Electric mobility major Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads. The company said the milestone marks a defining moment in the country’s electric mobility journey and reinforces Olectra’s leadership in accelerating India’s transition to sustainable public transport.

    With 4,000 electric buses deployed across the country, Olectra has established itself as India’s leading electric bus manufacturer. Its buses operate across multiple states and cities, transporting millions of passengers while delivering reliable performance, lower operating costs and environmental benefits. The company said the achievement reflects its commitment to advancing electric mobility through innovation, quality and execution.

    Collectively, Olectra’s fleet of 4,000 electric buses has clocked more than 730 million km, preventing more than 6.5 lakh tonnes of carbon dioxide emissions and contributing to cleaner air and a more sustainable future. The company said the milestone is not just an achievement for Olectra but also a significant step in India’s transition to green mobility.

    Mahesh Babu, managing director, Olectra Greentech Ltd, said: “Today marks one of the proudest moments in Olectra’s journey. Becoming the first company in India to deploy 4,000 electric buses on Indian roads is not just an Olectra milestone, it is a defining milestone for India’s electric mobility industry. It reflects the growing confidence that public transport undertakings across the country have placed in electric mobility and reinforces our commitment to building a cleaner and more sustainable future.”

    Olectra Greentech, part of the MEIL Group, is India’s largest manufacturer of pure electric buses and electric tippers, and a pioneer in the country’s electric mobility ecosystem. Headquartered in Hyderabad, the company designs, manufactures and deploys electric mobility solutions for urban and intercity public transport across India.

    “We are honoured that this landmark 4,000th bus has been handed over to the Government of Himachal Pradesh alongside the flag-off of 297 Olectra electric buses for HRTC. This achievement belongs to our customers, our partners, our employees and every stakeholder who believed in our vision. As India moves towards a cleaner and greener future, Olectra remains committed to leading the next phase of electric mobility through innovation, scale and world-class technology solutions,” he said.

    “As India accelerates the adoption of sustainable public transportation, Olectra is well positioned to support the next phase of electric mobility. Backed by a strong order book, proven execution capabilities and trusted partnerships with state transport undertakings, we remain committed to delivering innovative, reliable and sustainable mobility solutions that create long-term value for communities across the country,” he added.

    With more than 4,000 electric buses deployed nationwide, an order book exceeding 8,500 vehicles, and more than 730 million km covered, Olectra said it combines indigenous engineering, operational reliability and continuous innovation to drive India’s transition to clean, efficient and zero-emission transportation.

  • Olectra Becomes First Company in India to Deploy 4,000 Electric Buses

    Electric mobility major Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads. The company said the milestone marks a defining moment in the country’s electric mobility journey and reinforces Olectra’s leadership in accelerating India’s transition to sustainable public transport.

    With 4,000 electric buses deployed across the country, Olectra has established itself as India’s leading electric bus manufacturer. Its buses operate across multiple states and cities, transporting millions of passengers while delivering reliable performance, lower operating costs and environmental benefits. The company said the achievement reflects its commitment to advancing electric mobility through innovation, quality and execution.

    Collectively, Olectra’s fleet of 4,000 electric buses has clocked more than 730 million km, preventing more than 6.5 lakh tonnes of carbon dioxide emissions and contributing to cleaner air and a more sustainable future. The company said the milestone is not just an achievement for Olectra but also a significant step in India’s transition to green mobility.

    Mahesh Babu, managing director, Olectra Greentech Ltd, said: “Today marks one of the proudest moments in Olectra’s journey. Becoming the first company in India to deploy 4,000 electric buses on Indian roads is not just an Olectra milestone, it is a defining milestone for India’s electric mobility industry. It reflects the growing confidence that public transport undertakings across the country have placed in electric mobility and reinforces our commitment to building a cleaner and more sustainable future.”

    Olectra Greentech, part of the MEIL Group, is India’s largest manufacturer of pure electric buses and electric tippers, and a pioneer in the country’s electric mobility ecosystem. Headquartered in Hyderabad, the company designs, manufactures and deploys electric mobility solutions for urban and intercity public transport across India.

    “We are honoured that this landmark 4,000th bus has been handed over to the Government of Himachal Pradesh alongside the flag-off of 297 Olectra electric buses for HRTC. This achievement belongs to our customers, our partners, our employees and every stakeholder who believed in our vision. As India moves towards a cleaner and greener future, Olectra remains committed to leading the next phase of electric mobility through innovation, scale and world-class technology solutions,” he said.

    “As India accelerates the adoption of sustainable public transportation, Olectra is well positioned to support the next phase of electric mobility. Backed by a strong order book, proven execution capabilities and trusted partnerships with state transport undertakings, we remain committed to delivering innovative, reliable and sustainable mobility solutions that create long-term value for communities across the country,” he added.

    With more than 4,000 electric buses deployed nationwide, an order book exceeding 8,500 vehicles, and more than 730 million km covered, Olectra said it combines indigenous engineering, operational reliability and continuous innovation to drive India’s transition to clean, efficient and zero-emission transportation.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.