New Delhi, March 28 -- Energy solutions company Luminous Power Technologies inaugurated its solar panel factory in Rudrapur, Uttarakhand, on Thursday. The unit has a capacity of 250 MW, and is expandable up to 1 GW.

The launch of the unit comes close on the heels of the central government launching its solar rooftop scheme called PM Suryodaya Yojana.

The rooftop solar project of the centre, with an investment of over Rs 75,000 crores, aims to light up 1 crore households and help them get about 300 units of free electricity every month.

The inauguration of the solar plant marks an important milestone for Luminous, with the company undertaking strategic business decisions to evolve from manufacturing an inverter, and battery categories t...