MIEPL & CEL partner for 200 MW solar module factory in UP. Supports domestic manufacturing & clean energy goals. Revenue-sharing model adopted.
Project Overview
🏭 Company: Multi Infrastructure and Engineering Private Limited (MIEPL)
🤝 Awarded By: Central Electronics Limited (CEL)
📍 Location: Ghaziabad, Uttar Pradesh
⚡ Capacity: 200 MW solar modules
🔄 Business Model: Revenue-sharing partnership
📅 Announcement Date: May 26, 2025
Key Project Details
1. Boosting Domestic Solar Manufacturing
- Supports “Make in India” in renewable energy sector
- Reduces dependence on imported solar panels
- Aligns with PLI Scheme for Solar PV Modules
2. Economic & Industrial Impact
- Job Creation: Skilled & semi-skilled employment opportunities
- Local Supply Chain: Strengthens UP’s solar manufacturing ecosystem
- Technology Transfer: Enhances domestic R&D in solar tech
3. Clean Energy Transition
- Contributes to India’s 500 GW renewable energy target by 2030
- Supports solar adoption in residential, commercial & utility-scale projects
Strategic Importance
🔹 Uttar Pradesh Focus: Expands state’s renewable manufacturing base
🔹 Self-Reliance: Reduces China-dominated solar imports
🔹 Cost Efficiency: Local production lowers project costs for developers
What’s Next?
📌 Construction Timeline: Expected to commence soon
📊 Revenue Model: CEL & MIEPL to share profits from module sales
🌍 Market Reach: Modules to be supplied for govt & private solar projects
Why This Matters?
☀ Energy Security: Cuts import reliance for solar projects
🏭 Industrial Growth: Positions UP as renewable manufacturing hub
💡 Sustainability: Advances India’s net-zero commitments
Official details from CEL announcement. For tenders & procurement updates, follow CEL’s website. 🚀🌱