Zerodha’s Nikhil Kamath invests Rs 137,50,00,000 in this Gujarat firm, to boost India’s…; its business is…
Nikhil Kamath, co -founder of Zerodha, has taken a big step in increasing India’s renewable energy sector by investing 137.5 RS in Goldi Solar, a Sun PV module production company. Investment will help to increase Goldi Solar’s production and increase India’s energy sector.
Nikhil Kamath, co -founder of Zerodha, made a 137.5 RS investment in Goldi Solar.
Nikhil Kamath, co -founder of Zerodha, has taken a big step in increasing India’s renewable energy sector by investing 137.5 RS in Goldi Solar, a Sun PV module production company. Investment will help to increase the production of Goldi Solar and establish the energy company as an important player in renewable energy production. Nikhil Kamath, one of the youngest billionaires in the country, has invested with his brother Nithin Kamath, and both brothers hold wide plans for the renewable energy industry and see greater opportunities in the domestic market.
“Renewable energy in India is a gigantic sector, where there is an equal opportunity to establish global -scale companies. These companies are mandatory to accelerate the country’s clean energy passage,” he said.
What does Goldi Solar do?
Ishverbhai Dholakia founded Goldi Solar in 2011 and according to the company, India’s largest solar PV module production company. The manufacturing company in the face of Gujarat has existed in the sector for 14 years and since then it has expanded its state -of -the -art production facilities in the city. In the last year, Goldi Solar expanded its module production capacity from 3 GW to 14.7 GW, almost doubled. In a statement of the company, the company focuses on increasing the production capacity of solar batteries, an important component of solar panels in Gujarat.
The company is constantly working to develop high -efficiency solar PV modules and cells integrated with developing technologies to feed India’s increasing clean energy needs. “Goldi Solar’s mission contributes to a stronger and more sustainable future for the nation by following India’s vision to obtain net zero emissions and net zero emissions before 2070.”
Why did Nikhil Kamath invest in Solar Power Company?
As the domestic market sees a rapid growth, the investment of Nikhil Kamath aims to increase this growth with incentives for local producers within the scope of the production of production -related incentives on foreign modules, 280 GW solar targets by 2030.
