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Vikram Solar expanding; to invest Rs. 500 crore to produce panels, cells

Industry Engineering

Vikram Solar Pvt Ltd is planning to expand its solar panel manufacturing capacity (from the present 500 MW to 1 GW) at its Falta facility in Kolkata. The project will be executed in two phases in the next three years. Approximate cost of the project is around Rs.500 crore funded through internal accruals and borrowings. Further, it is also getting into production of cells.

Extracted from HBL, Dec 15 2015.



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