Gautam Solar doubles manufacturing capacity

Gautam Solar on Wednesday put on stream additional module manufacturing capacity at its Haridwar facility, taking the total capacity to 250 megawatts (MW), from the existing 120 MW.

The company said the expansion policy “aligns very well with the government’s decision to incentivise solar production in the country”.

The announcement was made two weeks after the Union Cabinet approved the Rs 4,500 crore production-linked incentive scheme for solar manufacturing to reduce import dependency. “This has been made possible in the wake of the government’s decision to make India a solar manufacturing hub and reduce its dependency on other countries for importing solar equipment,” Gautam Mohanka, managing director, Gautam Solar, said.