Saatvik Green Energy Limited will invest Rs 31.5 billion to expand its solar manufacturing capacity in Odisha.
The project will be implemented in two phases. In the first phase, the company will set up 4 GW of module capacity and 2.4 GW of cell capacity, with a combined investment of Rs 18.5 billion. The second phase will add another 2.4 GW of cell capacity, requiring an additional investment of Rs 13 billion.