Hyderabad, Nov,18: PVV Infra Limited, a leading Infrastructure Company mainly into solar power rooftop installations is pleased to announce the signing of a landmark ₹650 crore Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) for setting up a 1 GW N-Type TOPCon Solar Cells Manufacturing Facility. The MoU was formalized on November 15, 2025.

This state-of-the-art manufacturing Facility in Visakhapatnam, near the airport project represents, reinforcing PVV Infra’s mission to contribute to India’s renewable energy ambitions and support the growth of advanced solar technology within the country.

The project will be developed on a 30-acre industrial site within a rapidly emerging Solar Cells manufacturing cluster. The investment is expected to create 350 direct jobs and over 450 indirect jobs, significantly contributing to industrial growth and local skill development in Andhra Pradesh.

PVV Infra Limited will leverage its strengths in investment, technology, planning, design, and equipment sourcing to establish and operationalize the advanced TOPCon solar cell manufacturing unit. This initiative aligns with the company’s commitment to supporting India’s renewable infrastructure while fostering sustainable industrial development in Andhra Pradesh.