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Home » Press Release » GREW Solar to invest ₹3,000 crore in backward integrated solar manufacturing unit

GREW Solar to invest ₹3,000 crore in backward integrated solar manufacturing unit

By February 14, 2025 3:55 pm IST

GREW Solar to invest ₹3,000 crore in backward integrated solar manufacturing unit

This state-of-the-art facility spanning over a total area of 60 acres, will have an annual capacity to produce 3 GW of solar cells which will aid to meeting the PV solar cell and module demands within the country and beyond.

GREW Solar, a flagship venture of the Chiripal Group, is poised to establish a three-stage backward integrated manufacturing unit in Bhopal for solar module production with a commitment to invest INR 3000 crores. Located at Narmadapuram (near Bhopal-MP), this state-of-the-art facility spanning over a total area of 60 acres, will have an annual capacity to produce 3 GW of solar cells which will aid to meeting the PV solar cell and module demands within the country and beyond. Upon launching operations in Narmadapuram, GREW Solar will provide employment opportunities to over 1000 people in and around the region.

In addition to the capacity building initiative, GREW Solar recently commenced operations of the second unit in Jaipur, Rajasthan and has started the construction of their next phase – 3 unit. The high-tech facility in Jaipur that is adhering to international standards and featuring world-class automated machinery will bring Grew Solar Jaipur plant’s total capacity of 8 GW.

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Commenting on this momentous occasion, Vinay Thadani Director & CEO of GREW Solar stated, “As a young enterprise, it gives me immense pleasure to see GREW Solar expand its operation beyond Gujarat and Rajasthan. We are grateful to the MP government for believing in us and supporting us in every step of the way. We are proud to be contributing to making India achieve its goal of generating more electricity from renewable sources as we forge ahead in the clean energy sector. With this plant, we will strengthen our manufacturing base and enhance our research and development efforts for highly efficient modules.”

With advanced technology and a skilled workforce, GREW Solar has established itself as one of India’s youngest yet fastest-growing sustainable companies. The company is committed to achieving energy independence by bolstering renewable infrastructure, with the vision of making India the next renewable superpower in the world.

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