The company is a manufacturer of solar PV modules in India with an aggregate installed capacity of 12 GW and utilised capacity of 43.37%, for the year ended March 31, 2024. It had an aggregate installed capacity of 12 GW and utilised capacity of 45.01%, as of June 2024.
The Indian commercial and industrial solar sector added approximately 10GW over Fiscal 2019 and 2023, with total installed capacity as of December 2023 at approximately 25 GW. The commercial and industrial segment accounts for 70%-80% of the country’s rooftop solar installations and is making headway in the utility-scale solar space as well through open access and group captive routes.
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