Surya International Enterprise Announces INR 80 Crore Investment in Solar Manufacturing in Odisha
Published on: 24 Sep 2024
Khurdha, Odisha — Group Surya, the parent company of Surya International Enterprise Pvt. Ltd, headquatered in Odisha, a leader in the clean water and renewable energy sectors, today announced a new INR 80 crore ($9.6 million) investment to expand its production of solar modules and energy storage batteries in Khurdha, Odisha.
Investment Highlights:
- Location: Khurdha, Odisha
- Investment: INR 80 crore ($9.6 million)
- Products: Solar modules and energy storage batteries
- Job Creation: 769 new jobs
Project Impact:
This initiative is poised to significantly enhance local manufacturing capabilities, thereby supporting Sustainable Development Goal 9 (Industry, Innovation, and Infrastructure) by fostering innovation and building resilient infrastructure. Additionally, by reducing reliance on energy imports, we contribute to Sustainable Development Goal 7 (Affordable and Clean Energy), promoting increased access to clean energy technology. The creation of 769 jobs will advance Sustainable Development Goal 8 (Decent Work and Economic Growth).
Managing Director’s Statement:
- Kamlesh Kumar Singh, Managing Director of Group Surya, stated, "We are happy to expand our presence in Odisha, after successful operations of our Bhubaneswar facility, which has established a solid foothold in the region. This extra INR 80 crore investment would greatly increase our ability to manufacture solar modules and energy storage batteries. With the blessings of Lord Jagarnath, we want to make a significant impact in today's world.
Company Vision:
This project not only underscores our commitment to sustainable energy solutions but also propels Odisha to the forefront of India's renewable energy future.
About Group Surya
Group Surya, founded by Kamlesh Kumar Singh, is dedicated to innovating in the fields of renewable energy and sustainable development. With a diverse portfolio that spans multiple sectors, Group Surya is committed to contributing positively to environmental sustainability and economic development through cutting-edge technology and strategic growth initiatives.