Grew Energy to invest ₹4500 crore in solar manufacturing unit in J&K

New Delhi: Grew Energy Pvt Ltd, a flagship venture of the Chiripal Group, is set to invest ₹4500 crore in a three-stage fully backward integrated manufacturing unit in Jammu & Kashmir. The facility will have an annual capacity of 3.2 GW high-efficiency modules and 2.8 GW ingots, wafers, and cells upon completion.

Grew Energy will be the first renewable energy company to establish a manufacturing facility in Jammu. The facility, located in Kathua, will adhere to international standards with automated machinery, making Grew the first solar company in India to have such technology.

The groundbreaking ceremony was held today with the presence of key figures including Vinay Thadani, CEO and Director of Grew Energy, Hardip Singh, COO of Grew Energy, and Chiripal Group dignitaries VedPrakash Chiripal, JyotiPrasad Chiripal, JaiPrakash Chiripal, and Brijmohan Chiripal.

“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 & Kashmir. With the 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,” said Vinay Thadani.

The Kathua facility, spread over 80 acres, aims to meet the growing solar needs of Jammu & Kashmir, Ladakh, neighboring states, and the country. Grew aims to drive positive change, empower communities, boost employment opportunities, and upskill the youth of the state.

With advanced technology and a skilled workforce, Grew aims to offer high-quality products and become self-sufficient in manufacturing high-end Domestic Content Requirement (DCR) modules by March 2025. The company is committed to achieving energy independence by strengthening renewable infrastructure to make India a renewable superpower.