Jakson Solar eyes module capacity expansion with ₹8,000 crore capex; to consider fundraising options by FY28

In an interview, Chanana said that in the first stage of the expansion, the company will establish 3 GW modules and cell production capacities by the end of 26 in Madhya Pradesh, where the project has acquired land for the project. Jaxon is currently running a 1.2 GW solar module production facility in Greater Noida.

Common MD, “110 acres of 110 acres of soil, at this time one of the biggest things to have this point, solar cells, solar modules and then we plan to put a 6 GW integrated plant that will enter the backward integration.

A decision on the establishment of wafer and Ingot facilities will depend on widespread government policies.

The construction of both modules and cell capacities will begin at the same time, but it takes longer to complete the cell capacity, for a total of 15-18 months. Solar modules are panels that convert sunlight into electricity using interconnected solar cells.

“The first stage will wander around LaEach cell and module 3 GW containing 2,000 crore. General plan, La8,000 crore in three stages. ”

Fund collection

“For the current investment La2,000 CRORE We have a kind of period page that has agreed with a kind of bankers, bankers, a bankers. For investments in the second and third stage, then we will discover financing options. ”

Considering the renewable energy field and policy focus of India, India has attracted significant investments from companies, including equipment manufacturers. With the government’s efforts to reduce import dependence for clean technology equipment, the government’s goal of establishing a capacity of 500 GW fossil by 2030, investments accelerated.

Earlier this year, the British International Investment invested $ 100 million in the Nasdaq list of Renew Energy Global PLC’s solar module and cell production subsidiary.

On August 13, the government said the production capacity of 100 GW solar module was developed and included in the list of approved models and manufacturers. The list is a record of modules and manufacturers that supply state -supported and useful -scale solar projects. The listed capacities are largely among the domestic and Jaxon manufacturers in the list.

Currently serving the domestic market, Jakson will also look at exporting its products.

Common MD and CEO, “Now we are investigating exports. Of course, this may not be a good time until the tariffs are resolved. But yes, we look at the export markets when we have the capacity.” He said.

The US is the primary export market for Indian module manufacturers. However, the implementation of tariffs increased concerns. In February, Mint In the midst of tariff concerns, the Indian government has been investigating opportunities in Africa and West Asia for the Indian module suppliers.