PVV Infra Ltd will set up a 1 GW n-type TOPCon solar cell manufacturing facility in Visakhapatnam, Andhra Pradesh, with an investment of approximately INR 650 crore ($73.4 million). The company has signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board (APEDB) for the proposed project.
The factory will be built on a 30-hectare industrial estate within a fast-growing solar cell production cluster. The investment is expected to create 350 direct jobs and over 450 indirect jobs, contributing to industrial growth and local skills development in the state.
PVV Infra said it will leverage its capabilities in investment, technology, planning, design and equipment procurement to establish and operate the TOPCon solar cell manufacturing unit.
The company provides services in the field of engineering, design, planning and implementation of infrastructure projects. It also undertakes the ownership, construction, operation and transfer of energy generation facilities. In addition, PVV Infra is involved in the construction of homes, industrial estates, multiplexes, shopping centers, townships and other commercial and residential developments.
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