Triveni Glass to Institute Solar Glass Manufacturing Plant in Andhra Pradesh
- The said plant will be set up in Pangidi in East Godavari district of the state. The firm anticipates to create 2,000 tasks from the project.
Triveni Glass Limited, an Indian glass manufacturer business has strategies to open up a solar glass factory with a manufacturing capacity of 840 statistics ton (MT)/ day in Andhra Pradesh for an estimated financial investment of INR 1000 cr. Headquartered in Allahabad, UP, Triveni Glass Ltd. supplier of unbreakable glass and laminated safety glass.
The said plant will be set up in Pangidi in East Godavari district of the state. The firm expects to produce 2,000 jobs from the project. Triveni Glass has its existence in India at numerous places consisting of Rajahmundry in Andhra Pradesh's East Godavari district where it has now recommended to locate the solar glass plant. The Chief Minister Y S Jagan Mohan Reddy guaranteed MD Varun Gupta of complete co-operation with all required framework and also trained persons offered in the area.
Andhra currently shows off a number of large-scale solar parks with a mounted solar power capacity of over 4.2 GW till January 31, 2023. Nevertheless, the State aims to promote establishing of 120 GW of solar, wind, wind-solar hybrid as well as hybrid projects with storage under its Renewable Energy Export Policy, 2020. The Andhra government has strategies to bring in investment of INR 3.5 trillion to INR 4.0 trillion in 44 GW wind as well as 38 GW solar energy.
The State will certainly additionally soon be holding Global Investors' Summit in Visakhapatnam on March 3 as well as 4, according to official declaration.
It must be kept in mind that currently, Borosil Renewables is the only well-known solar glass producer in India with an annual production capacity of 450 heaps each day till Q1/FY2023. In 2015, Borosil Renewables revealed the signing of a binding offer for 100% equity in Interfloat Group, Europe's biggest solar glass manufacturer. With major websites in Germany and also Liechtenstein, Borosil plans to boost production capacity to 2,600 tonnes each day, making it feasible to supply solar glass for greater than 15 GW of PV modules from 2025.