BHARUCH: Solar glass manufacturer Gujarat Borosil plans to invest around Rs 435 crore to double their manufacturing capacity by more than double, by 2020.
The company, which has a facility in Bharuch in Gujarat, currently manufactures 180 tonne per day of 2 mm tempered solar glass, which is used on existing glass modules to improve efficiency.
"Our 2 mm solar glass is not only lighter than the current world standard of 3.2 mm but also absorbs less solar energy while allowing higher irradiance to reach the solar cell. It also helps boost output by as much as 30 per cent," vice-chairman Pradeep Kheruka told reporters in Gujrat over the weekend.
He said the company plans to invest around Rs 235 crores and increase the capacity to up to 400 tonne per day. The new facility is expected to open by 2019.
"Many domestic modules manufacturers are our clients and we are also exporting nearly 25 per cent of our production. As our product is accepted both by domestic as well as international consumers, we want to increase the capacity significantly," Kheruka said.