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Akshat Greentech to establish solar manufacturing unit in Telangana

The State government has signed a Memorandum of Understanding ( MoU) with M/s Akshat Greentech Private Limited, a group company of Mytrah Energy, to establish a State-of-the-art solar cells and modules manufacturing facility in Telangana.

The MOU was formalised on the margins of the World Economic Forum 2025 in Davos, in the presence of Chief Minister Revanth Reddy, IT and Industries Minister D Sridhar Babu and the Telangana Rising delegation. Akshat Greentech was represented by their Director Girish Gelli.

Akshat Greentech will set up a 6.9 GW Solar Cells and 6.9 GW solar modules manufacturing unit in Hyderabad.

The project with a proposed investment of Rs. 7,000 crores is expected to create over 2,500 direct jobs, boosting local employment and fostering economic development in the region.

It represents a significant milestone in Telangana’s journey towards renewable energy leadership.

The State government has recently launched an ambitious Clean and Green Energy policy and remains committed to fostering a conducive ecosystem for investment in renewable energy, offering robust infrastructure, single window clearances, and attractive package of incentives.

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