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Surana Solar’s board has approved the proposal to setup 200 MW Cell line and Module line with 210 mm size monopark cell & modules with a total outlay of Rs 200 crore, for which the company is exploring various possibilities to raise the funds.
The company’s board has also approved the proposal to invest a sum of Rs 4.00 crore or 5% of total equity whichever is less in a company engaged in the business of semi conductor testing & packing, for which negotiations are in progress.
The Board of Directors of the company at their meeting held on January 13, 2022 have approved the same.
Surana Solar Limited is part of the Surana Group Hyderabad, India. Founded in 1978, the Surana Group is one of the Country’s leading Industrial Companies and a strong well-diversified conglomerate which is active in the areas of Solar & Wind Power. Surana Solar is in the business of energy production and also in business segment of Power (wind) and Power (Solar). The Company is also into EPC of Power Projects on turnkey basis on MW scale.