Pradeep Kheruka

Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat

Mumbai-based solar glass manufacturer Borosil Renewables Ltd (BRL) and EU-based Interfloat Group  announced the Borosil Renewables’ acquisition of 86% stake in the Interfloat Group, through its overseas wholly-owned subsidiaries. GMB operates a solar glass plant with a production capacity of 300 TPD (Tonnes per Day). With its acquisition of the Interfloat Group, BRL’s solar glass […]

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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 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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Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP

Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […]

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Gujarat Borosil to Double Tempered Solar Glass Capacity

Currently, the company manufactures 180 tons per day of 2 mm tempered solar glass in its Bharuch facility in Gujarat. This is used to improve the efficiency of the existing glass modules. In order to double its manufacturing capacity of tempered solar glass, Gujarat Borosil, solar glass manufacturer plans to invest around Rs 435 crore […]

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