Jammu,may 10
Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency modules and 2.8GW ingots, wafers and cells.
Grew is India’s first renewable energy player to establish a manufacturing facility in Jammu state. Located in Kathua, the high-tech facility will be as per international standards with world-class automated machinery, making Grew the first solar company in India to have such unique technology and a cutting-edge manufacturing facility.
The company conducted a groundbreaking ceremony today at the facility wherein Shri Om Birla – Hon’ble Speaker of Lok Sabha and Shri Jitendra Singh – Minister of State, Prime Minister’s Office joined the ceremony virtually. Mr. Vinay Thadani, CEO and Director, Grew Energy, Shri Hardip Singh – COO, Grew Energy and other dignitaries from Chiripal group – Mr. VedPrakash Chiripal, JyotiPrasad Chiripal, JaiPrakash Chiripal and Brijmohan Chiripal amongst others were present for the ceremony.
Grew has already started to pave new ways for J&K’s economic landscape by choosing Kathua as the location for its second manufacturing unit. Spread over a total area of 80 acres, this facility will enable Grew to meet the future demands for the growing solar needs of Jammu & Kashmir, Ladakh, other neighbouring states and the country at large. The company will also drive positive change to empower communities, boost employment opportunities and upskilling the youth of the state.
Commenting on this auspicious occasion of the groundbreaking ceremony, Mr. Vinay Thadani – CEO and Director, Grew Energy said, “As we embark on this transformative journey, we at Grew are grateful to the Government for the welcome and being so supportive. The new plant will not only add to the socio-economic development of the state but it will also play a pivotal role in meeting India’s net zero target. It will also help in creating employment opportunities for the people of Jammu & Kashmir. With establishment of our Kathua facility and our existing 2.8GW module manufacturing facility in Jaipur, Rajasthan, Grew will achieve a total of 6GW manufacturing capacity for modules and 2.8GW for solar components by FY25.”
With futuristic technology and a skilled workforce, Grew one of India’s youngest yet fast emerging sustainable company aims to offer exceptional quality products and become self-sufficient solar manufacturers of high-end Domestic Content Requirement (DCR) modules by March 2025. It is committed towards achieving energy independence by strengthening renewable infrastructure to make India the Next Renewable Superpower of the world.
