GREW solar wins ₹2,028 crore NTPC renewable module order

GREW Solar secures a major solar module supply contract from NTPC Renewable Energy, reinforcing India’s clean energy targets and domestic manufacturing ambitions.
31/12/2025
2 mins read

GREW Solar has secured a large solar module supply order from NTPC Renewable Energy Limited (NTPC REL) for projects totalling around 1,464.5 MW across multiple locations in Uttar Pradesh. Valued at approximately ₹2,028.33 crore, the contract marks one of the biggest module supply deals under NTPC REL’s ongoing renewable energy programme and underscores the rapid scale-up of India’s clean energy infrastructure.

The development comes as India accelerates progress towards its long-term climate and energy goals, including 500 GW of non-fossil fuel electricity capacity by 2030, enhanced energy security by 2047, and net-zero emissions by 2070. Large utility-scale solar projects such as this are central to meeting those targets while reducing reliance on fossil fuels.

Strengthening NTPC’s renewable expansion

Under the agreement, GREW Solar will supply high-efficiency solar photovoltaic modules manufactured using advanced production technologies and strict quality standards. The modules will be deployed across several NTPC REL project sites in Uttar Pradesh, supporting the public sector utility’s expanding renewable portfolio.

NTPC REL, a subsidiary of NTPC Limited, has been steadily increasing its focus on solar and other renewable assets as part of the company’s broader transition strategy. The new capacity is expected to contribute meaningfully to India’s grid-scale renewable supply, particularly during peak daytime demand.

Industry observers note that such large orders also help standardise quality and performance benchmarks in utility-scale solar projects, ensuring higher efficiency and longer asset lifespans.

Boost for domestic solar manufacturing

The contract is significant not only for its scale but also for its emphasis on domestically manufactured solar modules, aligning closely with the government’s Atmanirbhar Bharat initiative. India has been actively promoting local manufacturing through policy measures aimed at reducing import dependence and strengthening supply-chain resilience.

GREW Solar, one of the country’s fastest-growing solar PV manufacturers, has been expanding its manufacturing footprint to meet rising demand from both public and private sector developers. The NTPC REL order reinforces confidence in Indian-made solar technology and signals growing acceptance of domestically produced modules for large, mission-critical projects.

Analysts say such partnerships help stabilise demand for Indian manufacturers, enabling them to invest further in capacity expansion, technology upgrades, and workforce development.

Company perspective on the partnership

Commenting on the order, Vinay Thadani, CEO and Director of GREW Solar, described the collaboration as a milestone for the company and for India’s renewable energy ecosystem. He said the partnership reflects trust in GREW Solar’s technology and execution capabilities, while also highlighting a shared commitment to sustainability.

According to the company, each large-scale project is viewed not just as a commercial transaction but as a responsibility to deliver reliable performance, quality, and long-term value. GREW Solar reiterated its focus on innovation-led manufacturing and its role in supporting India’s clean energy transition.

Supporting national climate goals

Large utility projects such as NTPC REL’s solar deployments are essential to bridging the gap between policy ambition and on-ground capacity addition. With electricity demand continuing to rise, expanding renewable generation is seen as critical to maintaining energy affordability while lowering carbon intensity.

Solar power, in particular, has become one of the most cost-competitive sources of new electricity in India. Orders of this scale also help drive economies of scale across the value chain, from manufacturing to installation and operations.

The project is expected to contribute to reduced emissions, increased energy security, and progress towards India’s international climate commitments under the Paris Agreement.

Momentum in India’s solar sector

India’s solar sector has witnessed sustained momentum over the past few years, supported by falling technology costs, improved grid integration, and stronger policy clarity. Public sector entities such as NTPC REL continue to play a central role in anchoring large projects that provide stability and scale to the market.

For GREW Solar, the NTPC REL order comes at a time when competition among module suppliers is intensifying, both domestically and globally. Successfully executing the project could enhance the company’s standing in the utility-scale segment and open doors to further large orders.

As India’s clean energy build-out gathers pace, collaborations between public utilities and domestic manufacturers are likely to shape the next phase of growth, ensuring that expansion is both rapid and resilient.