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RSOLEC Plans Rs 5,000 Crore Investment in Tumakuru for Solar Manufacturing
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News18•01-10-2026, 18:00
RSOLEC Plans Rs 5,000 Crore Investment in Tumakuru for Solar Manufacturing
- •RSOLEC, an India-US solar and semiconductor materials company, proposes a Rs 5,000 crore investment in Karnataka's Tumakuru district.
- •The investment aims to establish a 5 GW solar ingot and wafer manufacturing facility within the Chennai-Bengaluru Industrial Corridor (CBIC) region.
- •RSOLEC has requested 100 acres of land, 80 MW of power, and 10 MLD of water for the proposed facility.
- •Manufacturing operations are projected to commence by mid-2028 if the project proceeds as planned.
- •Discussions are underway regarding RSOLEC's request for a Special Incentive Package from the state government.
Key Questions Answered
Renaissance Solar and Electronic Materials (RSOLEC) has expressed interest in investing Rs 5,000 crore in Karnataka's Tumakuru district.
The company has sought 100 acres of land in the Chennai-Bengaluru Industrial Corridor region to establish its facility.
If the project progresses as planned, manufacturing operations at the facility are likely to commence by mid-2028.
