Jakson Group to increase its solar manufacturing capacity to 1.5 gigawatts

The company is making an investment of Rs 700 crore in the new solar module manufacturing plant in Gujarat

The Noida-based Jakson group plans to increase its solar manufacturing capacity to 1.5 gigawatts by 2020 in line with the government's objective of achieving 175 GW renewable power generation by 2022. The company, that has a railway contract for equipping trains with solar panels, did a successful pilot recently for a DEMU in Delhi.

With the increase in its module capacity and a foray into solar cell manufacturing, the company wants to position itself as an energy and engineering company, said Sameer Gupta, chairman and managing director, Jakson group. Though the company diversified into solar business in 2010, power