RenewSys Signs MoU with Telangana Government for INR 6,000 Crore Investment in Solar Manufacturing
The investment plan is expected to create direct employment opportunities for approximately 11,000 individuals over the next five years.
February 26, 2024. By Abha Rustagi
The investment plan is expected to create direct employment opportunities for approximately 11,000 individuals over the next five years. The signing ceremony took place at the company's factory premises located in Fab City, Maheshwaram, with the presence of Industries Minister D. Sridhar Babu.
RenewSys, headquartered in Singapore, boasts the distinction of establishing India’s premier integrated manufacturing facility for solar PV modules and essential components such as Encapsulants, Backsheets, and PV cells.
Presently, the company operates three manufacturing plants across Hyderabad, Bengaluru, and Patalganga, with the Hyderabad facility standing as its largest integrated unit.
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