Solar PV Manufacturing Supply Chain

12 companies Updated 31 Aug 2026

NSE-listed companies manufacturing solar cells, modules, wafers, and ingots — driven by India's phased ALMM localization mandates and PLI incentives for domestic solar value-chain integration.

Sectors represented: Power, Capital Goods

Companies with exposure to solar pv manufacturing supply chain

TATAPOWER

Tata Power Company Limited

Power
annual report · 2026

Tata Power, through its subsidiary TP Solar Limited, has. integrated 4.3 GW solar cell and module manufacturing plant. in Tirunelveli, Tamil Nadu. With a I 4,300 crore investment,. this facility enhances domestic production, cuts import. dependence and drives India's clean energy shift. l and module manufacturing plant. in Tirunelveli, Tamil Nadu. With a I 4,300 crore investment,.

VIKRAMSOLR

Vikram Solar Limited

Capital Goods
annual report · 2026

Our roadmap balances efficiency gains. with manageable process complexity,. enabling a stable transition from initial. deployment to advanced configurations. 9GW. Cell capacity by FY27. 90%. Backward integration. targeted by FY 28 with 12. GW cell capacity. Fully integrated. campus. At Gangaikondan, Tamil Nadu. is incorporating Module, cell, configurations. 9GW. Cell capacity by FY27. 90%.

SAATVIKGL

Saatvik Green Energy Limited

Capital Goods
annual report · 2026

This integrated model strengthens supply-chain resilience, expands the breadth of customer solutions. and enables the Company to participate across a wider span of the renewable energy value chain. UPSTREAMCORE PLATFORM. Ingots & Wafers supply-chain resilience, expands the breadth of customer solutions. and enables the Company to participate across a wider span of the renewable energy value chain.

WEBELSOLAR

Websol Energy System Limited

Capital Goods
annual report · 2026

Websol’s future road-map extends. beyond cells and modules. The Company has initiated plans for. backward integration into solar ingot. and wafer manufacturing — a strategic. decision expected to strengthen sol’s future road-map extends. beyond cells and modules. The Company has initiated plans for. backward integration into solar ingot. and wafer manufacturing — a strategic.

EMMVEE

Emmvee Photovoltaic Power Limited

Capital Goods
annual report · 2026

Simultaneously, manufacturers are investing. in automation, advanced quality control systems and next-. generation cell architectures to improve yields and enhance. competitiveness. cturing. investments. Simultaneously, manufacturers are investing. in automation, advanced quality control systems and next-. generation cell architectures to improve yields and enhance. competitiveness.

OSWALPUMPS

Oswal Pumps Limited

Capital Goods
annual report · 2025

Our plans include. increasing this capacity by 1,500. MW using ₹ 2,727.58 million from. the Net Proceeds, enabling us to. meet the growing demand for. solar modules both in India and. globally. Our solar backward integration ncreasing this capacity by 1,500. MW using ₹ 2,727.58 million from. the Net Proceeds, enabling us to. meet the growing demand for. solar modules both in India and. globally.

PREMIERENE Premier Energies Limited Capital Goods
investor presentation · 2024

Prominentplayer -Indian PV manufacturing sector. 1)Data as on 31. st. March 2024. 2)ALMM: Approved list of module manufacturers. Integrated solar cell and module. manufacturer with 29 years of. legacy. Largest Indian solar cell exporter nufacturing sector. 1)Data as on 31. st. March 2024. 2)ALMM: Approved list of module manufacturers. Integrated solar cell and module. manufacturer with 29 years of...

BORORENEW BOROSIL RENEWABLES LIMITED Construction Materials
annual report · 2024

A Production Linked Incentive (PLI) scheme, and also a National Program on High Efficiency Solar PV Modules, has been announced, under. which additional production of High-efficiency solar modules, cells and further backward integration will be incentivized. The allocation. for the scheme has been raised from ` 4,500 crores to ` 24,000 crores.

ALPEXSOLAR Alpex Solar Limited Capital Goods
investor presentation · 2026

June 2026. BROADER PERSPECTIVE. Please see the management perspective in the next slide. ALMM List III. effective June 2027. (. Draft Policy). THE MODULE & CELL SCENARIO. THE MODULE & CELL SCENARIO. The supply of solar module overhang is now extending into the cell segment, driven by significant capacity. expansions. ne 2027. (. Draft Policy). THE MODULE & CELL SCENARIO. THE MODULE & CELL SCENARIO...

JSWENERGY JSW Energy Limited Power
investor presentation · 2024

Green H. 2. to also be a. part of the offtake. agreement. . JSWEL’s backward. integration to solar. module manufacturing. along with secured. energy storage. resources, provides. optionality of scaling up. its Green H. 2. capacity. going ahead. . Low LCoE for Green H. 2 . JSWEL’s backward. integration to solar. module manufacturing. along with secured. energy storage. resources, provides.

WAAREEENER Waaree Energies Limited Capital Goods
annual report · 2026

Number of Production LinesInstalled Capacity (GW). Chikhli, Gujarat. 115.4. Emerging Segment Manufacturing Capacity. Location Business. Installed Capacity. Rola, Gujarat. BESS Container. 5.15 GWh. Sarodhi Gujarat. Inverter. 3.05 GW. Alwar, Rajasthan. Transformer. 9,530 MVA. Manglej, Gujarat ging Segment Manufacturing Capacity. Location Business. Installed Capacity. Rola, Gujarat. BESS Container.

INA Insolation Energy Limited Capital Goods
investor presentation · 2026

Network. End-to-end Sales &. Service Support. Extensive Reach,. Stronger Future,. Sustainable Growth. Sales / Channel Presence. Manufacturing Facilities. Pan-India. Presence ia. Reach. Strong EPC &. Distributor. Network. End-to-end Sales &. Service Support. Extensive Reach,. Stronger Future,. Sustainable Growth. Sales / Channel Presence. Manufacturing Facilities. Pan-India. Presence. SOLAR CELL.

See all 12 companies

Subscribe to unlock the full theme analysis and API access.

Start free trial
Search filings yourself →