Excelsior Correspondent
JAMMU, May 10: Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated manufacturing unit in Jammu and Kashmir.
With a commitment to invest Rs 4500 cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency modules and 2.8GW ingots, wafers and cells.
An official communication issued here said that the ‘Grew’ is India’s first renewable energy player to establish a manufacturing facility in Jammu.
Located in Kathua, the high-tech facility will be as per international standards with world-class automated machinery, making ‘Grew’ the first solar company in India to have such unique technology and a cutting-edge manufacturing facility.
The company conducted a groundbreaking ceremony on Friday at the facility wherein Vinay Thadani, CEO and Director, Grew Energy, Hardip Singh COO, Grew Energy and other dignitaries from Chiripal group Ved Prakash Chiripal, Jyoti Prasad Chiripal, Jai Prakash Chiripal and Brijmohan Chiripal amongst others were present at the ceremony.
‘Grew’ has already started to pave new ways for J&K’s economic landscape by choosing Kathua as the location for its second manufacturing unit.
Spread over a total area of 80 acres, this facility will enable Grew to meet the future demands for the growing solar needs of Jammu and Kashmir, Ladakh, other neighbouring states, and the country at large. Click here to watch video
The company will also drive positive change to empower communities, boost employment opportunities, and upskill the youth of the state.
Commenting on this auspicious occasion of the groundbreaking ceremony, Vinay Thadani, CEO and Director, Grew Energy, said, “As we embark on this transformative journey, we at Grew are grateful to the Government for the welcome and being so supportive.
The new plant will not only add to the socio-economic development of the state, but it will also play a pivotal role in meeting India’s net zero target.
“It will also help in creating employment opportunities for the people of Jammu and Kashmir. With establishment of our Kathua facility and our existing 2.8GW module manufacturing facility in Jaipur, Rajasthan, Grew will achieve a total of 6GW manufacturing capacity for modules and 2.8GW for solar components by FY25.” He said.
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