Energetica India Magazine May - June 2026

Cosmic PV Power Breaks Ground for 1.1 GW Solar Cell Plant in Madhya Pradesh Cosmic PV Power Ltd. has performed the Bhumi Poojan cere- mony for its upcoming 1.1 GW solar cell manufacturing facil- ity at Mohasa-Babai in Narmadapuram district, marking the formal start of its new greenfield project in Madhya Pradesh. The facility will be developed on approximately 60 acres of land, leased for 99 years, and is being positioned as a modern solar cell manufacturing unit aimed at strengthening India’s domestic photovoltaic production capacity. The project aligns with the country’s broader push to reduce dependence on im- ports and build a self-reliant solar manufacturing ecosystem. Backed by support from the Madhya Pradesh government, the project is expected to contribute significantly to regional economic development. It is likely to generate substantial em- ployment opportunities, both direct and indirect, for skilled and unskilled workers in the region. Construction activities are expected to begin following nec- essary approvals and completion of statutory processes. The company has indicated that the plant is targeted to be oper- ational by FY 2027-28, adding to India’s growing solar man- ufacturing base. Company leadership highlighted that the initiative reflects its commitment to India’s renewable energy transition and aligns with national initiatives such as Make in India. The upcoming facility is also expected to strengthen Cosmic PV Power’s position across the solar value chain, com- plementing its existing presence in module manufacturing, EPC services, and related components. The development comes amid increasing momentum in In- dia’s solar manufacturing sector, with multiple states emerg- ing as hubs for integrated photovoltaic production. Mitarsh Energy Secures O&M Contract for 540 MW NTPC Solar Projects in Rajasthan Mitarsh Energy has announced that the company has secured a comprehensive operation and maintenance (O&M) contract for a cumulative of 540 MW solar projects in Nokhra and De- vikot, Rajasthan, from NTPC. The company secured the L1 position in NTPC’s auction con- ducted recently. The scope includes the O&M of the 300 MW AC/450 MW DC Nokhra Solar Project and two solar projects in Devikot with capacities of 150 MW AC/208.020 MWp and 90 MW AC/126.063 MWp. Naresh Patel, Director, Mitarsh Energy, said, “We are proud to secure the L1 position for these prestigious NTPC projects. This achievement reflects the trust our clients place in us and the consistent dedication of our team.” “With a strong portfolio of over 14 GWp and a skilled work- force of 1700+ professionals, we are committed to delivering reliable, efficient, and high-quality O&M services across In - dia. We look forward to executing these projects with excel- lence and setting new benchmarks in the industry,” added Pa- tel. Mitarsh Energy currently manages a portfolio of over 14 GWp across the country with a workforce of over 1,700 skilled technical professionals. energetica INDIA- May-June_2026 13 ENERGY UPDATES