Goldi Solar investing Rs 5k cr to boost module manufacturing capacity: MD

Gujarat-based Goldi Solar is in the process of investing over Rs 5,000 crore to expand its module manufacturing capacity to 6 GW, the company’s managing director Ishver Dholakiya said.

At present, the company’s total module manufacturing capacity is 2.5 GW, Dholakiya, who is also the founder of the company, told PTI.

When asked about the company’s growth plans, he replied, “We are in the process of investing over Rs 5,000 crore as part of our expansion plans to increase module manufacturing from 2.5 GW to 6 GW.” The renewable energy business expansion will be channelled into auxiliary production, including aluminium frames, junction boxes, backsheet, etc, he said.