Websol Energy System Stocks Rise After Andhra Pradesh Approves 4 GW Solar Project

State Government Approval

The Government of Andhra Pradesh has cleared Websol’s 4 GW solar cell and module manufacturing project at MPSEZ, Naidupeta

Shares React Positively
 

Websol Energy System shares climbed about 2% following the project approval news in early trading

Manufacturing Hub

The facility will be located in Tirupati district, supporting solar manufacturing growth in southern India

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Incentives Backed by State

Andhra Pradesh govt offers land allotment, capital subsidy, power tariff relief and duty exemptions for the project

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