Mumbai, Oct. 22 -- The company stated that all machinery and equipment required for its upcoming 1.2 GW Domestic Content Requirement (DCR) solar cell manufacturing facility have already been delivered to its plant in Ratlam, Madhya Pradesh.

Consequently, the company does not anticipate any material impact from the proposed restrictions on the capital expenditure or implementation timeline of the project. The facility remains on track for commissioning in the first quarter of FY28 (Q1 FY 2027-28), as originally scheduled.

The clarification follows recent media reports concerning China's proposed restrictions on the export of technologies and machinery used in solar cell manufacturing.

The company further stated that it has not announced...