The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023.
REUTERS/Amit Dave/File Photo/File Photo Acquire Licensing RightsBENGALURU, Oct 2 (Reuters) - India's Adani Group plans to build 10 gigawatts (GW) of integrated solar manufacturing by 2027, more than double its current capacity, the Economic Times reported, citing news agency PTI.
The conglomerate owned by Indian billionaire Gautam Adani produces solar photovoltaic cells or solar PVs through Adani Solar, with a manufacturing capacity of 4 GW.
Adani Solar has confirmed orders worth over 3,000 megawatts (MW), the report said, citing sources.
India's current annual solar panel manufacturing capacity of 32 GW per annum falls short of the required 52 GW.
Persons:
Amit Dave, Gautam Adani, Nandan Mandayam, Shailesh
Organizations:
Adani, REUTERS, Rights, Economic Times, PTI, Barclays, Deutsche Bank AG, Thomson
Locations:
Ahmedabad, India, Bengaluru