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ReNew Power to set up new solar power units in Gujarat, Rajasthan

Sunday, 15 Jan 2023
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ReNew Power is planning to invest Rs 2,000 crore in Rajasthan and Gujarat to set up solar cell and module manufacturing units.

The company is looking into investment opportunities in Uttar Pradesh as it seeks to increase its presence there.

A solar cell and module manufacturing unit with an annual capacity of two GW is being constructed in Gujarat. Further, solar module manufacturing unit with a four GW annual capacity is being built in Rajasthan.

The company intends to make the Gujarat unit operational by Q3/FY25 and the Rajasthan unit will start in Q4/FY23.

 
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