RP-Sanjiv Goenka to Set Up Solar Ecosystem Hub in YEIDA, Minda Plans Wiring Harness Project

Noida, September 17, 2025: The RP-Sanjiv Goenka Group has proposed setting up a 3 GW Solar Cell and integrated solar ecosystem hub at Yamuna Expressway Industrial Development Authority (YEIDA), along with a 60 MW captive Solar + Energy Storage (ESS) plant in Uttar Pradesh. With an investment of over INR 3,000 crore, the project will significantly boost India’s renewable energy transition while positioning Uttar Pradesh as a leader in solar manufacturing.

The initiative will focus on advanced solar technologies such as TOPCon and Perovskite-Tandem cells, which promise efficiencies above 28–30 per cent. These innovations are expected to lower power costs by 10–15 per cent while placing India at the forefront of global solar R&D and manufacturing.

The project will also create a robust integrated ecosystem, including ancillary units for frames, encapsulants, and process consumables—bringing substantial domestic value addition and reducing India’s heavy dependence on imported solar modules (currently ~90 per cent).

Importantly, it will generate over 1,200 direct and 4,000 indirect jobs, while developing advanced skills aligned with both renewable energy and semiconductor industries.

This project reflects the Group’s commitment to driving innovation, self-reliance, and sustainable growth, while contributing to India’s long-term energy security. YEIDA has issued a Letter of Intent (LoI) of 100 acres land in sector-8D for establishing the unit

In a related development, Minda Corporation Limited has said it would set up a project of wiring harness including clusters, sensors and connectors in YEIDA. The Wiring Harness division strives towards enhancing the wiring harness designs through cost-effective engineering and boost labour productivity. The global automotive wiring harness market has experienced robust growth, driven by the increasing complexity of vehicles and the rapid adoption of advanced automotive technologies. The demand for wiring harnesses is closely linked to the overall growth of the automotive industry, which is witnessing a paradigm shift due to the rise of electric vehicles (EVs), autonomous driving technologies, and the integration of advanced driver-assistance systems (ADAS).

The Minda project is estimated to provide 2,200 jobs directly and more than 5,000 indirectly with a total investment of more than INR 500 crore with investment in plant and machinery more than INR 250 crore.