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Alpex Solar gets land for solar module plant in UP

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NewsDrum Desk
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New Delhi, Apr 1 (PTI) Alpex Solar on Monday said it has been allotted a 7-acre land parcel at Kosi Kotwan in Mathura, Uttar Pradesh for Rs 15 crore for setting up a solar modules manufacturing facility.

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Its board has accorded consent to the allotment of 7-acre land parcel for Rs 15 crore by the Uttar Pradesh State Industrial Development Authority (UPSIDA), Alpex Solar said in a statement.

The company had earlier participated in the e-auction process for the allotment of industrial land organised by UPSIDA.

"The land parcel will be utilised for setting up a facility for manufacturing solar panels and modules. The industrial area at Kosi Kotwan (on NH-19) in Mathura is almost an extended part of NCR and easily approachable through the National Highway within an hour's distance.

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"The new location will provide easy access both in terms of logistics and vendor support," Ashwani Sehgal, Managing Director, Alpex Solar Limited, said.

Noida-based Alpex Solar is a leading solar panel manufacturing company in India.

In March, the company received two orders worth Rs 43.70 crore for solar water pumps in Haryana under the PM-KUSUM scheme (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan). PTI ABI DRR

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