CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

J&K gets mega solar boost with Grew Energy’s Rs 4,500 crore plant

Power Generation  -  May 13,2024  - 

In a major boost for renewable energy in Jammu and Kashmir, solar company Grew Energy has announced plans to invest a massive Rs 4500 crore to set up a 3.2 gigawatt (GW) solar module manufacturing facility in the Kathua district of J&K.

The plant will come up over an area of 640 kanal (80 acres). It will have an annual production capacity of 3.2 GW of high-efficiency solar modules and 2.8 GW of ingots, wafers and cells, key components in solar manufacturing.

“Grew Energy will set up a 3.2 GW capacity manufacturing facility in J&K with an investment of Rs 4500 crore. Upon completion, the facility will have an annual capacity of producing 3.2 GW high-efficiency modules and 2.8 GW ingots, wafers, and cells,” the company said in a statement.

According to media reports, CEO and Director of Grew Energy, Vinay Thadani said that the project would create much-needed employment opportunities for the local population.

“With this Kathua facility and our existing 2.8 GW module plant in Jaipur, Grew will achieve a total of 6 GW manufacturing capacity for modules and 2.8 GW for solar components by fiscal year 2025,” he said.

 

Company : Grew Energy