Indian solar module maker Jakson Group is planning to enter the power generation sector to capitalize on India’s growing clean energy industry. The company, based on the outskirts of New Delhi, aims to achieve a power capacity of 5 gigawatts by 2030. This expansion is expected to cost around 250 billion rupees ($3 billion). Currently, Jakson Group is involved in manufacturing modules and undertaking turnkey contracts for renewable energy projects. The move into power generation will enable the company to tap into the entire value chain of the business. Sameer Gupta, Chairman of Jakson Group, stated that the firm wants to be a part of India’s plan to install 500 gigawatts of clean energy capacity by 2030. While India’s clean energy push has attracted interest from international energy giants and local billionaires, the pace of installations has fallen short of the target. In response, the government plans to significantly increase project auctions. Jakson Group believes it has the necessary capabilities to successfully enter the power generation market. Additionally, the company is on track to double its modules-making capacity to 1.2 gigawatts and is exploring the construction of a 1 gigawatt cells-to-module facility at another location.