Gautam Solar to launch IPO

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Gautam Solar has announced plans to expand its solar module manufacturing capacity to 5 GWp by 2025. “This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second and third phases in January and April 2025, respectively,” stated the company.

In addition, the company has announced an INR 1,000-crore PV cell expansion plan, which will be funded through an initial public offering (IPO) to be launched in the next 12-18 months.

 

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