GREW Solar Raises Rs 300M to Expand Manufacturing Capacity
ECONOMY & POLICY

GREW Solar Raises Rs 300M to Expand Manufacturing Capacity

GREW Solar, a solar PV manufacturer under the Chiripal Group, has raised Rs 300 million from a diverse set of investors, including noted market participants Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company plans to deploy the capital towards new product development, strengthening technological infrastructure, and funding expansion initiatives.
Vijay Kedia said, “I invest in companies built on integrity, vision and execution strength. GREW Solar embodies these values and is well-positioned to ride India’s renewable energy wave, particularly in solar manufacturing. It has the potential to create long-term value for investors while advancing India’s clean energy leadership.”
Rohit Kothari of GeeCee Holdings added, “We trust GREW Solar’s commitment to driving its next phase of growth, backed by strong technology capabilities and visionary leadership. Aligned with India’s clean energy agenda and global sustainability goals, we support GREW Solar’s journey as it scales and creates lasting impact.”
Vinay Thadani, Director & CEO of GREW Solar, said, “We are honoured to welcome Mr Kedia and Mr Kothari on board. These investments validate our strategy and motivate us to build a robust solar ecosystem powering India’s green ambitions. This will accelerate our growth and strengthen our contribution to India’s renewable energy targets.”
About GREW Solar
Founded in 2022, GREW Solar has rapidly scaled with support from the Chiripal Group’s five-decade manufacturing legacy. In its first year, it launched M10 modules up to 550 Wp and commissioned 1.2 GW of module capacity at Dudu, Rajasthan. By 2025, capacity expanded to 3 GW with high-efficiency M10 TOPCon modules of up to 590 Wp. The Dudu facility is being scaled to 11 GW, positioning it as one of India’s largest AI-powered integrated solar PV module manufacturing plants with an in-house R&D lab.
The company is also setting up a 3 GW solar PV cell plant in Narmadapuram, Madhya Pradesh, with plans to expand to 8 GW by the end of 2026, enabling full backward integration.

GREW Solar, a solar PV manufacturer under the Chiripal Group, has raised Rs 300 million from a diverse set of investors, including noted market participants Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company plans to deploy the capital towards new product development, strengthening technological infrastructure, and funding expansion initiatives.Vijay Kedia said, “I invest in companies built on integrity, vision and execution strength. GREW Solar embodies these values and is well-positioned to ride India’s renewable energy wave, particularly in solar manufacturing. It has the potential to create long-term value for investors while advancing India’s clean energy leadership.”Rohit Kothari of GeeCee Holdings added, “We trust GREW Solar’s commitment to driving its next phase of growth, backed by strong technology capabilities and visionary leadership. Aligned with India’s clean energy agenda and global sustainability goals, we support GREW Solar’s journey as it scales and creates lasting impact.”Vinay Thadani, Director & CEO of GREW Solar, said, “We are honoured to welcome Mr Kedia and Mr Kothari on board. These investments validate our strategy and motivate us to build a robust solar ecosystem powering India’s green ambitions. This will accelerate our growth and strengthen our contribution to India’s renewable energy targets.”About GREW SolarFounded in 2022, GREW Solar has rapidly scaled with support from the Chiripal Group’s five-decade manufacturing legacy. In its first year, it launched M10 modules up to 550 Wp and commissioned 1.2 GW of module capacity at Dudu, Rajasthan. By 2025, capacity expanded to 3 GW with high-efficiency M10 TOPCon modules of up to 590 Wp. The Dudu facility is being scaled to 11 GW, positioning it as one of India’s largest AI-powered integrated solar PV module manufacturing plants with an in-house R&D lab.The company is also setting up a 3 GW solar PV cell plant in Narmadapuram, Madhya Pradesh, with plans to expand to 8 GW by the end of 2026, enabling full backward integration.

Next Story
Infrastructure Transport

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

Next Story
Infrastructure Energy

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

Next Story
Infrastructure Energy

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?