India, April 14 -- Jupiter International Limited ("Jupiter International" / "Company"), a manufacturer of photovoltaic solar cells and a provider of comprehensive solar power solutions, has announced today that it has secured a 500 crore investment from ValueQuest SCALE Fund and its affiliates. This marks ValueQuest's retaining second investment, reinforcing its confidence in Jupiter International's growth and expansion in the solar energy sector.
The Company currently operates at a 1 GW facility in Baddi, Himachal Pradesh and plans to increase the total capacity to 5.6 GW solar cells and 2.4 GW solar modules. The present funding round of 500 crore and internal accruals is proposed to support the Company's ongoing capex program.
The Compa...