Jakson Engineers Announces ₹8,000 Crore Investment for 6 GW Solar Manufacturing Plant in Madhya Pradesh
Jakson Engineers Limited, part of the Jakson Group energy and infrastructure solutions conglomerate, has announced an investment of over INR 8,000 crore to establish a 6 GW Integrated Solar Module, Cell & Wafer plant at Maksi Phase II, Madhya Pradesh. This represents the most significant solar manufacturing investment in the state announced so far.
Project Development and Timeline
The mega project will be developed in two phases across a 110-acre site that was recently allocated to the company. Site activities are set to commence within 15 days of the announcement. Phase I will commission manufacturing capacity of 3 GW of solar modules and 3 GW of solar cells with an investment of around INR 2,000 crore.
Phase II will include the establishment of a 6 GW solar wafers plant along with an additional 3 GW modules and cells each, requiring an investment of over INR 6,000 crore. The first modules from the plant are expected to roll out by May 2026, followed by cells in September 2026, supporting India's vision of Aatmanirbhar Bharat.
Company Leadership Statements
Sundeep Gupta, Vice Chairman of Jakson Group, described the announcement as “a momentous occasion for our company and a major leap forward for India's renewable energy sector.” He stated that the investment in Maksi demonstrates the company's “unwavering commitment to 'Make in India' and directly supports the nation's ambitious clean energy targets.”
Gupta expressed confidence that with the support of the Madhya Pradesh government, the plant will become “a beacon of technological excellence and a catalyst for creating green jobs.” Gagan Chanana, Joint Managing Director & CEO of Jakson Solar Modules and Cells, emphasized the strategic importance of the facility.
He noted that “the global demand for solar energy is soaring” and described the company's “fully integrated facility and unique 'four-in-one' business model as a manufacturer, developer, EPC, and O&M provider.” Chanana stated that this approach “aims to contribute to meeting India's energy needs and help position the country as a global solar leader” while allowing the company to “ensure quality, cut costs, and rapidly deploy new technology, boosting our energy security and self-reliance.”
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Location Selection and Economic Impact
According to Jakson, Madhya Pradesh was selected for this landmark project due to its strategic central location, robust infrastructure, investor-friendly ecosystem, and progressive renewable energy policies. The plant is expected to create a significant socio-economic impact in the region by generating over 1,000 jobs during the construction phase and employing around 1,400 people once operational.
Company Background
Jakson Group was established in 1947 and has evolved from specializing in Diesel Generator Manufacturing to becoming a multifaceted Energy Solutions provider. The company maintains an extensive presence throughout India with six manufacturing facilities, 30+ sales offices, and 12 international offices, along with a vast network of channel partners and dealers, making it one of the top energy companies in India.
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