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PVV Infra to Establish 1 GW TOPCon Solar Cell Plant in Andhra Pradesh with INR 650 Cr Investment

PVV Infra has announced plans to enter solar cell manufacturing with a 1 GW TOPCon facility to be set up in Andhra Pradesh with an approximate investment of INR 650 crore. The company has signed an MoU with the Andhra Pradesh Economic Development Board for the same.

November 17, 2025. By Mrinmoy Dey

Infrastructure EPC company PVV Infra has announced its plan to foray into the solar cell manufacturing sector. The company plans to set up a 1 GW N-type TOPCon solar cell manufacturing facility with an investment of approximately INR 650 crore.

The company has recently entered into a Memorandum of Understanding (MoU) with Andhra Pradesh Economic Development Board (APEDB) for the same. The plant will require about 30 acre of land and will be set up in Vishakhapatnam, Andhra Pradesh, the company said in a regulatory filing.

“PVV Infra will commit to input its respective strengths and advantages in terms of investment, technology, planning, design and equipment into setting up 1 GW N-type TOPCon solar cells manufacturing facility in Andhra Pradesh,” it said.

In September 2025, PVV Infra announced a strategic entry into the renewable energy sector with a INR 107.70 crore investment in a 28 MW (AC) solar power project in Maharashtra. The project will operate under a long-term power purchase agreement (PPA) with the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), providing the company with stable revenues and predictable cash flows.

In October 2025, PVV Infra announced that its subsidiaries have secured two solar power projects in Uttar Pradesh worth a combined INR 799 crore. PVV EVTech signed a 25-year PPA with UPNEDA for a 100 MW project in Baghpat and Moradabad, to be developed with Nacof Oorja at a cost of INR 384 crore and generating INR 53 crore annually. PVV Housing received an INR 415 crore EPC contract for a 109 MW project in the same districts, also in partnership with Nacof Oorja. The Board has additionally cleared plans to expand the company’s renewable energy footprint through SPVs.

“By investing in solar parks and utility-scale projects, PVV Infra aims to reduce dependence on fossil fuels and contribute to India's net-zero vision. Build a portfolio of sustainable assets that generate long-term, predictable revenue streams. Leverage expertise in infrastructure and project execution to deliver reliable and scalable renewable energy solutions,” the company stated in an earlier filing.

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Solar manufacturing

PVV Infra

PVA Infra to enter solar manufacturing

TOPCon solar cell manufacturing plant

Solar cell manufacturing in Andhra Pradesh

APEDB, Andhra Pradesh

PVV Infra RE projects