Gautam Solar to launch IPO

Share

Gautam Solar has announced plans to expand its solar module manufacturing capacity to 5 GWp by 2025. “This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second and third phases in January and April 2025, respectively,” stated the company.

In addition, the company has announced an INR 1,000-crore PV cell expansion plan, which will be funded through an initial public offering (IPO) to be launched in the next 12-18 months.

 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Indosolar turns a profit
12 November 2024 Solar cell manufacturer Indosolar Ltd, now acquired by Waaree Energies, has posted a net profit of INR 9.48 crore for the July-Aug-Sep quarter of FY 2...