Grew Energy to Build 3.2 GW Solar Module Plant in J&K
By Rediff Money Desk, New Delhi May 10, 2024 16:18
Grew Energy announces plans to set up a 3.2 GW solar module manufacturing facility in Jammu & Kashmir, creating jobs and boosting the state's renewable energy sector.
![Grew Energy to Build 3.2 GW Solar Module Plant in J&K](https://im.rediff.com/money/2018/mar/28solar.jpg)
New Delhi, May 10 (PTI) Grew Energy on Friday announced plans to set up a 3.2 GW module manufacturing facility in Jammu & Kashmir at an investment of Rs 4,500 crore.
The plant will come up in Kathua over an area of 80 acre, Grew Energy said in a statement.
"Grew Energy will set up 3.2 GW capacity manufacturing facility in Jammu & Kashmir with an investment of Rs 4,500 crore. Upon completion, the facility will have annual capacity of producing 3.2 GW high-efficiency modules and 2.8 GW ingots, wafers and cells," it said.
Grew Energy CEO and Director Vinay Thadani said the project will help create employment opportunities for the people of Jammu & Kashmir.
"With establishment of Kathua facility and our existing 2.8 GW module manufacturing facility in Jaipur, Grew will achieve a total of 6 GW manufacturing capacity for modules and 2.8 GW for solar components by FY25," he said.
The plant will come up in Kathua over an area of 80 acre, Grew Energy said in a statement.
"Grew Energy will set up 3.2 GW capacity manufacturing facility in Jammu & Kashmir with an investment of Rs 4,500 crore. Upon completion, the facility will have annual capacity of producing 3.2 GW high-efficiency modules and 2.8 GW ingots, wafers and cells," it said.
Grew Energy CEO and Director Vinay Thadani said the project will help create employment opportunities for the people of Jammu & Kashmir.
"With establishment of Kathua facility and our existing 2.8 GW module manufacturing facility in Jaipur, Grew will achieve a total of 6 GW manufacturing capacity for modules and 2.8 GW for solar components by FY25," he said.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...