The government of India has recognized the manufacturer for the development and commercialization of 2mm thick fully-tempered solar glass, Selene anti-glare solar glass, and Shakti solar glass in matt-matt finish.
The Indian solar glass manufacturer reported net revenue of around INR 300 crore during the current fiscal’s nine months ended December 2020, with the best-ever quarterly earnings of INR 140 crore coming from the third quarter.
The solar glass manufacturer plans to utilize the funds to more than double its solar glass production capacity from 450 tonnes per day (TPD) to 950 TPD.
The Indian solar glass maker posts revenue of INR 168.16 crore for the first half of FY2020-21, generating profits (after tax) of INR 12.19 crore.
Borosil Glass Works plans to consolidate its solar business by amalgamating Gujarat Borosil, Vyline Glass and Fennel Investments, while simultaneously demerging its consumer and scientific glassware business. Post restructuring, Borosil Glass Works will be renamed as Borosil Renewables.
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