GREW Solar Raises ₹10.5 Billion to Expand Cell Capacity in Madhya Pradesh

The fresh capital infusion will fund expansion, solar integration push

February 13, 2026

/ Meghana Prasad
/ Finance and M&A, Solar
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Solar module manufacturer GREW Solar has raised ₹10.5 billion (~$118.4 million) in a new funding round led by Bay Capital Investment to expand manufacturing capacity at its Dudu facility in Rajasthan and its upcoming plant in Madhya Pradesh.

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Meghana Prasad

More articles from Meghana Prasad.
CellsFundingGREW SolarMadhya PradeshManufacturingSolar
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