Gujarat-based solar equipment manufacturer announces ₹1,500 crore expansion plan including ₹500 crore QIP and ₹1,000 crore debt to establish 2.2 GW cell plant and expand module capacity by 2.5 GW, with completion targeted by March 2027.

Maharashtra plans to raise solar energy output from 3,600 MW to 12,800 MW in 14 months. The state required 17 years to complete its solar capacity, prompting this ambitious proposal.