Jakson Power, part of Jackson group, plans to invest about Rs. 700 crore in setting up solar power farms, which will increase company’s installed capacity to 200 MW in two years.
A leading manufacturer of diesel gensets, solar energy-based products, solar power farms and the hospitality sector, Jackson Group their plan to set up an office in Telangana to market their products and services.
With a turnover of Rs. 1,500 crore last FY, has an ambitious plan of Rs. 2,500 crore over the next two years. Gen-sets business, expansion in the solar power generation capacity and the hospitality business will be the prime driver of this growth plan.
The company plans to have an installed capacity of about 200 MW of solar power generation as an independent power producer within two years, he said.