Jakson Power Solutions is planning to invest Rs 750 crore in providing solar energy solutions across India in the next three to four years.

The investment is for scaling up the company's solar power portfolio to 100 MW. The company will pump in funds through debt-equity in a ratio of 70:30. It has tied up with Standard Chartered Bank, Singapore, to obtain funds through the external commercial borrowing route. Out of the proposed investment, it has received about Rs 70 crore through this route for its next 10 MW project in Uttar Pradesh.

The company has four manufacturing plants at Jammu, Daman, Kalsar (Gujarat), and Greater Noida. The first three of these plants produce silent diesel and gas-based power generation sets, whose combined capacity is being increased from 9,000 to 15,000 sets per annum. The Greater Noida plant manufactures solar and power distribution products.

Recently, Jakson Power commenced production of generating sets at its integrated DG set manufacturing unit in Kalsar, Gujarat.

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