← All Updates
f
8/11/2026

36-Acre Solar Cell Manufacturing Plot Allotted in Nava Raipur’s Layer-II Industrial Zone

Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) has issued a Notice of Award, dated March 30, 2026, allotting a 36.46-acre industrial plot in Layer-II, Nava Raipur to a consortium of RDB Infrastructure & Power Limited and Samvik Power Private Limited for a solar cell manufacturing and processing facility.

**What's confirmed**

The allotted land carries a premium of approximately ₹36.89 crore and has been granted on a 90-year leasehold basis. The award has been corroborated across multiple independent business and financial media reports, including stock-market coverage of RDB Infrastructure & Power, with consistent figures on the plot size, premium, and lease terms. Separately, RDB has incorporated a dedicated subsidiary, Maxim Industries Private Limited, in June 2026, specifically to manufacture solar cells — pointing to a broader, coordinated push into solar manufacturing tied to this Nava Raipur allotment.

**Why Layer-II matters**

Layer-II is one of Nava Raipur Atal Nagar's designated industrial zones. A land allotment of this scale for solar cell manufacturing adds to a pattern of industrial plots being taken up in this specific pocket, reinforcing Nava Raipur's positioning as an emerging manufacturing corridor alongside its administrative and residential development.

**Why this matters for real estate**

New industrial land allotments in a defined zone like Layer-II can, over time, support demand for supporting infrastructure, logistics, and ancillary commercial activity in the surrounding area. This is a pattern typically associated with industrial-corridor growth, not a guarantee of price appreciation — actual impact on land or property values will depend on how quickly the facility moves from land allotment to construction and operation, and on the pace of similar allotments nearby. Investors and landowners in and around Nava Raipur's Layer-II zone should treat this as one data point to monitor within a broader trend.

**Location**

Layer-II, Nava Raipur Atal Nagar.

## Sources
- NRDA Notice of Award details: Lokmat Times — https://www.lokmattimes.com/business/rdb-infrastructure-and-power-limited-secures-industrial-land-for-solar-manufacturing-project-in-nava-raipur/
- Additional corroboration: EquityBulls, TradingView (Reuters), Whalesbook, DSIJ, India.com Business
- Official source: NRDA Notice of Award dated 2026-03-30 — recommend confirming directly on navaraipuratalnagar.com's tender/award section for full documentation

*This article is part of BBG's ongoing coverage of real estate and infrastructure developments in and around Naya Raipur, Raipur, and the wider Chhattisgarh growth corridor.*

Scroll to Top