Shirdi Sai Electricals Inks INR 30,650 Crore MoUs with AP Govt for Clean Energy and Infra Projects
Shirdi Sai Electricals and its subsidiary Indosol Solar have signed three MoUs worth about INR 30,650 crore with the Andhra Pradesh government, spanning major clean energy and infrastructure projects.
November 14, 2025. By Mrinmoy Dey
The first agreement sets the stage for an INR 5,000-crore transformer component and wind-mast manufacturing and fabrication facility at the Kopparthy Industrial Area in Kadapa district.
The second MoU, the largest of the three at INR 23,450 crore, maps out an expansive clean-energy blueprint — spanning solar and wind development, battery energy storage systems, a direct transmission line and a state-of-the-art power management technology centre.
The third MoU, worth INR 2,200 crore, focuses on coastal infrastructure, including a 200 MLD desalination plant, a captive jetty and barge dock at Karedu village, and a shipping berth along with a bonded warehouse at Ramayapatnam in SPSR Nellore district.
“These investments reaffirm our unwavering commitment to the industrial transformation of Andhra Pradesh, fostering clean energy innovation, economic development, and large-scale employment generation — driving India closer to a sustainable and energy-secure future,” the company stated.
Indosol Solar is targeting 10 GW of integrated solar manufacturing capacity by 2026. The company has already commissioned a 500 MW module line at Ramayapatnam, set to double by year-end, forming the base for a fully integrated quartz-to-module facility covering silicon, ingots, wafers, cells, modules and solar glass.
Supported under PLI Scheme, the Phase-1 involves an investment of INR 15,000 crore and will bring 5 GW of capacity online by 2025, with the complete 10 GW — including upstream materials and solar glass — scheduled for commissioning by late 2026, the company stated earlier.
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