Shares of Websol Energy System Ltd climbed over 3% to Rs 1,252.90 on Monday after the company announced the commencement of its new 600 MW Mono PERC solar cell manufacturing line (Phase II) at its Falta facility in West Bengal.

This expansion, part of Websol’s strategic growth plan unveiled on September 1, 2025, has effectively doubled its total solar cell capacity to 1.2 GW, supplementing its existing 550 MW solar module line at the same location. The entire project has been funded through internal accruals, underlining the company’s strong financial health and cash flow generation.

During the commissioning of the new line, Websol temporarily halted operations at its existing cell and module units for around eight days, which will cause a one-time revenue impact in Q2 FY26. However, operations have now resumed, and the company expects the additional capacity to significantly strengthen its ability to meet the rising demand for renewable energy solutions in India.

The commissioning marks a key milestone in Websol’s strategy to scale up and reinforces its positioning in India’s solar manufacturing ecosystem.