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Borosil Renewables invest Rs 900 Cr Expands Solar Glass

March 24,2025

Borosil Renewables invest Rs 900 Cr Expands Solar Glass Capacity to 10 GW in Gujarat

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Borosil Renewables, a Mumbai-based Solar Glass manufacturer, is investing Rs 900 crore to expand its Bharuch, Gujarat plant from 6.5 GW to 10 GW by July 2026. The expansion is funded through equity, internal accruals, and bank debt. The company faced challenges due to Chinese dumping but expects profitability to improve after India imposed a minimum import price.

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