Websol Energy System Limited on Monday announced a major expansion of its solar manufacturing capacity along with a stock split to unlock shareholder value.
The company’s board approved a Rs 3,000 crore investment to add 4 GW of solar cell and 4 GW of solar module capacity in two phases through a wholly owned subsidiary.
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Phase III: 2 GW solar cell and 2 GW solar module line by June 2027
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Phase IV: 2 GW solar cell and 2 GW solar module line by June 2028
This comes on top of the ongoing 600 MW expansion at Falta, West Bengal, scheduled to become operational in October 2025, which will lift Websol’s total solar cell capacity to 1.2 GW.
Stock split
The board also approved a stock split in the ratio of 1:10, subject to shareholder approval at the upcoming AGM on September 29, 2025.
Company outlook
Managing Director Sohan Lal Agarwal said the expansion will push Websol into a “multi-gigawatt phase,” with solar cell and module capacities reaching 5.2 GW and 4.5 GW by 2028. He added that the move strengthens Websol’s role in helping India achieve its 280 GW solar target by 2030.
Websol, one of India’s earliest solar cell and module manufacturers, currently operates a modernized facility in Falta SEZ with 600 MW solar cell and 550 MW module capacity.
