GREW Solar Raises Rs 300M to Expand Manufacturing Capacity

10 Sep 2025 CW Team

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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..