We are please to announce that M/s Solarium Green Energy Limited re-enter into manufacturing facility to produce Solar Modules using latest technology fully automated machinery with higher ....
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Solarium Green Energy is setting up a new solar module manufacturing facility with an annual capacity of ~1000 MW at Miroli, Ahmedabad, Gujarat. The company's existing manufacturing capacity is nil, making this a brand-new greenfield project rather than a restart or expansion. Total project cost is estimated at ~₹70 crore plus working capital, funded through a mix of debt and equity in a 3:1 ratio along with internal accruals. Commercial operations are expected to begin from Q4 of the current financial year (FY26). Management describes this as a backward integration move to cut cost volatility, secure module supply, and improve project margins across B2C, B2B, and B2G segments.
This is a strategic pivot into solar manufacturing for a company that earlier had no manufacturing base, which could improve long-term margins but introduces execution and capex risk. Shareholders should track timely commissioning in Q4 FY26 and how the debt component (₹52.5 crore of the ₹70 crore) affects leverage and returns.