Borosil Renewables

As DGTR Recommends Extension of Duty on Solar Glass, Borosil Renewables To Benefit

Anti dumping duties on Solar glass, first imposed in August 2017 for 5 years, are likely to continue for another two years, as the investigation arm of the commerce ministry, the Directorate General of Trade Remedies (DGTR), has recommended for continuation of anti-dumping duty on it for another two years. While the move seeks to […]

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […]

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Borosil Renewables Q4 Results Remain Strong, Faster Growth Awaits

India’s key solar float glass manufacturer, Borosil Renewables Limited has declared its results for Q4 of FY 2021-22, and the results have been on trend. The firm, which has enjoyed a very strong resurgence in prospects and its financials over the past two years as demand has grown worldwide, reported total income of Rs. 182.3 […]

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Borosil to acquire Europe’s largest solar glass maker Interfloat Group

Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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Borosil Renewables’ Net Profit Jumps by 323% YoY basis

Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […]

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Borosil Renewables Q2 Analyst Call Takeaways For Solar Sector

For Borosil Renewables, these are the best of times. The firm, the only producer of solar glass in India, has had a terrific run ever since it completed its capacity expansion last year, timed as it was with the imposition of import duties on imports from Malaysia, Vietnam and China, of course, besides rising demand […]

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Borosil Renewables to Invest Rs 500 Cr to Double Solar Glass Manufacturing 

Borosil Renewables has plans for doubling its capacity of solar glass manufacturing to 900 tonnes per day with an investment of Rs 500 crore. Borosil Renewables, the only domestic manufacturer of solar panel glass, has announced its plans for doubling its capacity to 900 tonnes per day with a planned investment of Rs 500 crore. […]

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