Grew Energy's 3.2 GW solar module plant in Jammu & Kashmir
POWER & RENEWABLE ENERGY

Grew Energy's 3.2 GW solar module plant in Jammu & Kashmir

Grew Energy, a renewable energy venture of the Chiripal Group, has announced its intentions to establish a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir. The company revealed that it would be investing Rs 45 billion in setting up the fully integrated three-stage facility, spanning 80 acres of land.

Upon its completion, the plant is expected to possess an annual production capacity of 3.2 GW of high-efficiency solar modules and 2.8 GW of solar ingots, wafers, and cells.

CEO Vinay Thadani expressed that the new plant would contribute significantly to the socio-economic development of the state and would also play a pivotal role in fulfilling India?s net zero target. Additionally, Thadani emphasized that it would create employment opportunities for the people of Jammu & Kashmir.

With its existing 2.8 GW module facility in Rajasthan and the addition of the new unit, Grew Energy aims to achieve a total manufacturing capacity of 6 GW for modules and 2.8 GW for solar components by fiscal year 2025.

In the previous month, the company emerged as the successful bidder in Solar Energy Corporation of India?s (SECI) auction for the manufacturing, testing, packaging, forwarding, supplying, and transporting of 200 MW domestically manufactured solar modules, with each MWp valued at ?22.66 million (~$271,597).

Furthermore, in the preceding year, SECI had declared the company as a winner, making it eligible to receive a total of Rs 5.67 billion under Tranche II of the performance-linked incentive program to manufacture 2 GW of solar modules.

Earlier this year, Jammu and Kashmir had been chosen as the location for GoodEnough Energy?s Rs 4.50 billion battery energy storage systems gigafactory, boasting a capacity of 7 GWh. The gigafactory is anticipated to commence operations in October 2024, with plans to scale up its capacity to 20 GWh by 2026.

Grew Energy, a renewable energy venture of the Chiripal Group, has announced its intentions to establish a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir. The company revealed that it would be investing Rs 45 billion in setting up the fully integrated three-stage facility, spanning 80 acres of land. Upon its completion, the plant is expected to possess an annual production capacity of 3.2 GW of high-efficiency solar modules and 2.8 GW of solar ingots, wafers, and cells. CEO Vinay Thadani expressed that the new plant would contribute significantly to the socio-economic development of the state and would also play a pivotal role in fulfilling India?s net zero target. Additionally, Thadani emphasized that it would create employment opportunities for the people of Jammu & Kashmir. With its existing 2.8 GW module facility in Rajasthan and the addition of the new unit, Grew Energy aims to achieve a total manufacturing capacity of 6 GW for modules and 2.8 GW for solar components by fiscal year 2025. In the previous month, the company emerged as the successful bidder in Solar Energy Corporation of India?s (SECI) auction for the manufacturing, testing, packaging, forwarding, supplying, and transporting of 200 MW domestically manufactured solar modules, with each MWp valued at ?22.66 million (~$271,597). Furthermore, in the preceding year, SECI had declared the company as a winner, making it eligible to receive a total of Rs 5.67 billion under Tranche II of the performance-linked incentive program to manufacture 2 GW of solar modules. Earlier this year, Jammu and Kashmir had been chosen as the location for GoodEnough Energy?s Rs 4.50 billion battery energy storage systems gigafactory, boasting a capacity of 7 GWh. The gigafactory is anticipated to commence operations in October 2024, with plans to scale up its capacity to 20 GWh by 2026.

Next Story
Infrastructure Urban

Statiq and HPCL Partner to Boost EV Charging Network Across India

In a major step towards building a robust electric vehicle (EV) charging ecosystem in India, Statiq is proud to announce its partnership with Hindustan Petroleum Corporation (HPCL), one of the country’s leading oil marketing companies. Under this strategic collaboration, Statiq will onboard HPCL’s entire charging network — both existing and upcoming — onto the Statiq mobile app through its flagship EVLinq platform.This integration adds over 5,100 chargers from HPCL’s network, including 2,900 DC fast chargers, to Statiq’s platform, significantly strengthening one of India’s larges..

Next Story
Infrastructure Transport

CM Unveils Common Mobility Card for Metro Line 3 Commuters

Starting June 11, passengers on Mumbai Metro’s underground Metro 3 line—operational between Aarey-JVLR and Acharya Atre Chowk—can now use the National Common Mobility Card (NCMC) for seamless, contactless travel. The Mumbai Metro Rail Corporation (MMRC), responsible for constructing, operating, and maintaining Metro 3, has enabled this functionality to simplify the commuter experience.The NCMC card, launched at Mantralaya in the presence of key state leaders, allows commuters to tap and travel without waiting in queues at ticket counters. This move extends the card’s usability beyond M..

Next Story
Infrastructure Transport

Centre Fast-Tracks Rs 111.50 Bn for 3 New Delhi Metro Corridors

The Central government has advanced plans for three new metro corridors in Delhi under the PM GatiShakti infrastructure framework, with a total proposed investment of approximately Rs 111.50 billion. The corridors include R K Ashram to Indraprastha, Aerocity to Terminal-1, and Tughlakabad to Kalindi Kunj.Together spanning over 16 km, these projects have recently been reviewed by the National Planning Group and are expected to be placed before the Cabinet for approval.Among the proposed routes, the R K Ashram to Indraprastha corridor will be the longest and fully underground, comprising nine st..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?