24 Sep 2026
Websol Energy was allotted 54.20 acres at Falta Industrial Park for a greenfield 4 GW solar cell and 4 GW module plant.
The West Bengal government made the allotment and the plant will be built in two phases of 2 GW each. Websol runs 1,200 MW of cell and 550 MW of module capacity today, so this is a step change in scale.
10 Sep 2026
Websol Energy's promoters had 9.51 crore pledged shares released, 21.92 percent of capital.
The release follows prepayment of the entire 110 crore rupee IREDA term loan from internal accruals in August. Pledged promoter holding falls from 80 percent to 16.
02 Jun 2026
India's ALMM List-II mandate came into force June 1, requiring all new RE projects to source solar PV modules using only locally manufactured cells approved under the ALMM framework.
Websol Energy, Premier Energies, and Waaree Energies are among the key ALMM List-II cell manufacturers.
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