Godrej & Boyce eyes 30% annual growth in solar EPC portfolio

Share

Godrej Electricals & Electronics, a division of Godrej & Boyce, aims to grow its solar EPC portfolio at 30% annually over the next three years. With this growth, it expects its solar EPC business to reach a size of around INR 500 to 700 crore ($60-85 million) in value terms by the end of FY 2025-26.

Godrej Electricals & Electronics is aiming for 50 MW to 100 MW solar projects per year.

Godrej Electricals & Electronics has operated in the power transmission and distribution (T&D) segment for 15 years through its Power Infrastructure & Renewable Energy (PIRE) business unit and has completed projects up to 400 kV in various locations across India for public infrastructure projects as well as commercial customers.

It is also currently working on an 85 MW ground-mounted solar project for a state genco, which includes developing the entire infrastructure for power evacuation.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects
25 July 2024 KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urj...