On Saturday, March 14, 2026, Waaree Energies Limited marked a historic milestone in India’s renewable energy journey by breaking ground on the country’s largest integrated solar ingot and wafer manufacturing facility in Butibori, Nagpur.
The ceremony, attended by Maharashtra Chief Minister Devendra Fadnavis and Union Minister Nitin Gadkari, signals a massive shift toward full “upstream” integration in India’s solar supply chain.
Facility Snapshot: India’s Largest Upstream Hub
The Nagpur facility is a strategic move to secure the most vulnerable part of India’s solar value chain—the production of ingots and wafers—which currently relies heavily on imports from China.
- Investment: Approximately ₹6,200 crore.
- Scale: Spanning 300 acres in the Butibori Industrial Area.
- Capacity: 10 GW annual production for both solar ingots and solar wafers.
- Impact: Once operational, this single plant will more than quintuple India’s current domestic ingot/wafer capacity (which stands at ~2 GW as of early 2026).
Strategic Rationale: Resilient Supply Chains
Chairman and Managing Director Hitesh Doshi emphasized that while India has excelled in module assembly, true energy security requires control over the foundational raw materials.
- Import Substitution: By manufacturing high-purity ingots and wafers domestically, Waaree aims to insulate the Indian solar sector from global supply chain shocks and international trade tariffs.
- Technological Backbone: High-purity wafers are the core components used to manufacture solar cells. Producing them in-house allows for better quality control and cost competitiveness in the final PV modules.
- Viksit Bharat 2047: The project aligns with India’s long-term vision of becoming a global renewable energy hub, ensuring that the technology powering the country’s energy transition is “Made in India.”
Economic & Regional Significance
The choice of Nagpur as the location highlights the city’s growing importance as a “Green Manufacturing Hub” due to its central connectivity and robust industrial ecosystem.
- Employment: The project is expected to create over 8,000 direct and indirect jobs, fostering a new generation of skilled technical workers in the Vidarbha region.
- Power Tariff Impact: During the ceremony, CM Devendra Fadnavis noted that such large-scale solar initiatives are key to the state’s goal of reducing domestic power tariffs by 26% and industrial tariffs by 9% by 2030 through the Chief Minister Solar Feeder Scheme.
“India’s clean energy transition will be powered by building strong domestic manufacturing capabilities across the entire value chain. This facility in Nagpur is a giant step toward Atmanirbhar Bharat.” — Hitesh Doshi, Chairman & MD, Waaree Energies.