Jakson Group plans to raise $500 mn for boosting ops

Energy and infrastructure solutions company Jakson Group is looking at raising about $500 million through a series of equity fund raising rounds starting next fiscal, said its chairman and managing director Sameer Gupta.

- Rituraj Baruah

In an interview, Gupta outlined the investment plans of the company and said it would look at consolidating operations across segments in the energy transition space across solar module manufacturing, green power generation, green hydrogen, biofuels and battery energy storage systems.

The company would invest in the range of ₹3,000-5,000 crore every year across the diversified sectors over the next five years, taking the total investment up to ₹25,000 crore during the period.