Cosmic PV Power secured solar module supply orders worth approx. Rs 600 crore from Zetwerk Manufacturing Businesses, marking its formal entry into the independent power producer (IPP) segment.
Previously focused on mid-sized EPC players and select OEMs, this order represents a strategic shift toward larger utility-scale projects. Company leadership noted that the deal has already triggered strong interest from several major IPPs, with additional large orders expected in the coming months, aligning with Cosmic PV’s accelerated growth plans for the next one to two years. Chairman Jenish Ghael confirmed that dispatches for the Zetwerk order have commenced.
Managing Director Shravan Gupta highlighted the company’s readiness to manage large-scale commitments as it expands its footprint in the utility and IPP segments. With rapid capacity growth—from 200 MW to a three GW integrated module gigafactory, and upcoming ventures in solar cell and battery manufacturing, Cosmic PV is positioning itself as a fully integrated clean energy player supporting India’s renewable energy aims.