Pennar Industries to invest further Rs 5.80 cr in JV solar modules company Back

Pennar Industries will invest Rs 5.80 crore in single tranche in the paid up equity share capital of ZAP91 Solar India, a joint venture company of Pennar Industries. <p> The additional investment is being made to fund the completion of the module manufacturing plant, including commissioning and commencement of commercial production. <p> The joint venture company will focus on the manufacture and sale of solar modules.