Senior executives said the plan revolves around building its own supply chain to support the solar cell and module manufacturing line. ANIL is currently producing polysilicon wafers, ingots, cells, and modules, creating an end-to-end system for the equipment required in solar module production.
"There are several ancillary products in the solar supply chain for which we have been reliant on imports. Domestic availability of these products is insufficient," said a senior company executive.
"In solar glass, there are only a few players, but not at the scale we desire. Therefore, we now plan to manufacture these components in-house and integrate the supply chain," the senior company executive added.
In an emailed response, a spokesperson confirmed the development, saying that as part of their long-term strategy to build a resilient supply chain, Adani Solar is establishing one of India's most comprehensive and state-ofthe-art solar manufacturing ecosystems in Mundra, Gujarat.
This story is from the September 30, 2024 edition of Business Standard.
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This story is from the September 30, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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AEL arm to harness the sun, make solar parts at Mundra
Adani New Industries (ANIL), the green energy components manufacturing arm of Adani Enterprises (AEL), is setting up facilities to produce solar glass, aluminium frames, and backsheets - key parts for its existing solar cell and module manufacturing. French energy giant TotalEnergies holds a 25 per cent equity stake in ANIL, with AEL being the majority owner.
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