The project will be installed in two phases (phase -1,504 crore and phase -2 rupees 1,196 crore), with 2,216 persons.
The phase of 2.4 GW solar PV cell and 1.5 GW solar PV module manufacturing will start by March 2026 and the phase of 2.4 GW solar cell facilities will start by July 2, 2026.
Jupiter is the third company in the state, which is now challenging for established leaders like Gujarat, Rajasthan and Tamil Nadu in the arena.
Last year. Since Chandrababu Naidu government came to power, investment in the new energy sector has increased in the state.
In the past, Indosol had agreed to invest an investment of Rs 69,000 crore in the integrated solar PV manufacturing unit. Premier energy is also investing in two phases in the state – the first phase of 5 GW Ingot and the solar wafer manufacturing of Rs 1,742 crore, and the second stage is an investment of Rs 4,200 crore with 8GW solar cell manufacturing. Industry sources said that discussions are also underway to other front solar manufacturers.
This step is aligned with ambitious plans in the state to become a renewable energy center, which aims to attract investment of Rs 10 lakh crore and generate approximately 7.5 lakh jobs in the field of clean energy.
India is introducing non-tariff barriers (NTBS) to strengthen domestic solar production, especially targeting imports from China. The main remedies include the use of solar cells made locally in government projects since June 2026 and implementing the approved list of models and manufacturers (ALMMs). The objective of these steps is to increase the local capacity, reduce the geographical -political dependence and increase the export capacity.
Andhra Pradesh is taking advantage of this upcoming import barrier and promoting solar cell growers.
The order approving Jupiter’s investment states that the state government has extended some special package of incentives to the company. This includes the main approval for the allocation of 22 acres (phase -1: acres 87 acres and phase -1: ACRES 55 acres) at a discounted rate of Rs 50 lakh per acre.
He also accepted a grant of teller-media encouragement to deliver in 10 years.
These include 50 percent of the capital subsidy on the cost of plants and machinery, Rs 1,096.98 crore, Decarbonization subsidy @50 percent and Rs 118.18 crore caps, 10 stamp duty 10 years of land and land conversion, RS 1 year RES. The order added.
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