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Renaissance Solar plans ₹5,000 crore for 5 GW solar ingot and wafer plant in Karnataka
The Economic Times reports the proposed Tumakuru facility is expected to begin operations by mid-2028, citing Karnataka’s industries minister.
TLDR
The Economic Times reports that Renaissance Solar and Electronic Materials plans to invest ₹5,000 crore in a 5 GW solar ingot and wafer manufacturing facility in Tumakuru, Karnataka, citing state industries minister MB Patil. Patil said the company has sought 100 acres in the Chennai-Bengaluru Industrial Corridor, along with 80 MW of power and 10 million litres of water per day. The plant is expected to begin operations by mid-2028.
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