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Economic Times - Other - News Image
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17
OtherJul 15, 2025 12:07 AM

SAEL Industries to invest ₹8,200 crore in Greater Noida solar unit

New Delhi: SAEL Industries said on Monday that it will invest around ₹8,200 crore to set up a facility with a 5 GW solar cell manufacturing unit and a 5 GW module manufacturing line in Greater Noida. The integrated solar manufacturing project, being executed by subsidiary SAEL Solar P6 Pvt Ltd, will take the company's total solar module manufacturing capacity to 8.5 GW. The plant will produce tunnel oxide passivated contact (TOPCon) solar cells which will be assembled into solar panels at in-ho ...Read More >

NewsDrum - Business - News Image
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26
BusinessJun 27, 2025 05:08 PM

Rayzon Solar files draft papers to raise Rs 1,500 cr via IPO

New Delhi, Jun 27 (PTI) Gujarat-based Rayzon Solar has filed a draft paper with capital markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of up to Rs 1,500 crore with no offer for sale component. The offer also includes a subscription reservation with a discount to eligible persons in the employee reservation portion, according to the draft red herring prospectus (DRHP) filed on Wednesday. Also, the company is looking to ...Read More >

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