Recently, PVV Infra, a company primarily engaged in construction and civil engineering, announced it will invest in building a 1GW TOPCon cell production line in Andhra Pradesh, India, marking the company’s official diversification into the renewable energy sector.
It is reported that PVV Infra has signed a Memorandum of Agreement with the Andhra Pradesh Economic Development Board regarding this manufacturing facility, with a total planned investment of 6.5 billion Indian Rupees, approximately $73.4 million.
According to the plan, the factory is expected to be completed by 2026. Once operational, it is projected to create 350 direct jobs and generate an additional 450 indirect employment opportunities in supporting fields such as the supply chain and logistics, injecting new momentum into the local economy.
To date, PVV Infra has not disclosed specific subsequent steps or a detailed timeline for the project. Key details, including the technology source for the production line and the ramp-up schedule for capacity, have also not been elaborated upon. Industry observers note that the successful implementation of this cross-sector move still depends on the company’s capabilities in technology integration and local operations.
