Grew Solar Secures Rs 1,050 Crore Funding for Massive Expansion

• Grew Solar raised Rs 1,050 crore to fuel its growth and expansion plans.
• The funding round was led by Bay Capital Investment Ltd, with two other institutional investors participating.
• A significant portion of the investment will boost solar cell manufacturing capacity from 3 GW to 8 GW.
• The new funds will strengthen ongoing operations and support strategic expansion initiatives.
• Grew Solar also secured a 550 MW solar module supply order from a leading independent power producer.