Grew Solar has announced a significant investment of ₹28 billion aimed at enhancing solar manufacturing capabilities. The company plans to establish a manufacturing capacity of 3.6 GW for solar modules and 3 GW for solar cells over the next 12 to 14 months. This investment is structured with a 2:1 debt-to-equity ratio, which translates to an equity contribution of ₹9.50 billion, while the remaining funds will be raised through leading banks in the country. Currently, the installation of the 3.6 GW module manufacturing facility is underway.
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