Nikhil Kamath invests ₹137 crore in THIS company, bets on clean energy
Nikhil Kamath, a founding partner and productive investor of the online trade platform Zerodha, bets this time in India’s solar production area. LaAccording to a PTI report, 137 Crore Photovoltaic (PV) module invests for a share that is not specified in Goldi Solar.
The report, Gujarat -based Goldi Solar, Gujarat -based Goldi Solar’ın fund will use for the expansion activities, he said.
Nikhil Kamath, on behalf of his name, said that this investment has seen a “great opportunity” in India’s renewable sector. “Renewable energy in India is a major sector, where there is an equally large opportunity to establish global -scale companies in our own field,” he said.
About Goldi Solar
Last year (2024), Goldi Solar PV module increased its production capacity from 3 Gigawatt (GW) to 14.7 GW. The company said in a statement that the face has improved the expansion of the solar cell production in Gujarat.
Founded in 2011, Goldi Solar added that “the country will continue to offer high -efficiency solar PV modules and cells including developing technologies to meet the increasing clean energy needs of the country”.
Importance of Investment
According to the PTI report, Nikhil Kamath’s investment in Goldi Solar comes when the rival Vikram Solar started the processes. La2,000 CRORE FIRST PUBLIC ORWING (Public Offer). The movements come in the midst of rapid growth in the domestic sun demand.
The Indian government aims to 280 GW solar energy by 2030, and there is also policy interventions on incentives for local manufacturers of import tasks on foreign modules and production -related incentive (PLI) scheme. All of these are reported to encourage actions and development in the sector.
Investor Nikhil Kamath
According to a storyboard18 report, Nikhil Kamath has invested in sectors such as Nourishyou, Lehlah, Incred Holdings, Peesafe and Subko Coffee Roasters.
