• Capacity expansion roadmap: The company is bringing online 2.6 GW of panel capacity, 10 GW of solar cell manufacturing, 3.5 GW of energy storage, and 1 GW of electrolyzer capacity during the current financial year.
• Waaree Semicon acquisition: Acquiring a 100% stake in Waaree Semicon Limited is aimed at integrating power electronics components and enhancing supply chain resilience alongside expanding inverter manufacturing.
• Backward integration timeline: Construction of the 10 GW ingot and wafer facility in Nagpur, Maharashtra is underway, with commercial production targeted to begin within the next 12 to 15 months.
• Value chain integration: Full integration will be supported by 15 GW of cell capacity, 28 GW of module capacity, and an equity stake in an Oman polysilicon facility to de-risk against raw material price volatility.