BUSINESSEconomic Times Industry · 2 hours agoLive
Microtek invests over Rs 400 cr to accelerate solar business growth
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
Microtek is making a substantial investment in solar manufacturing and energy storage technology to expand its presence in the renewable energy sector. This move aims to enhance energy management capabilities for residential users.
WHAT HAPPENED
Microtek has announced a significant investment over Rs 400 crore for its solar business expansion in Jaipur. The new solar panel manufacturing plant is expected to become operational by November 2026 and will support the company's energy vision. The company is also highlighting its new Battery Energy Storage System to improve energy management for households.
WHAT TO WATCH
- •The progress of the new manufacturing plant construction in Jaipur.
- •The official operational launch of the facility in November 2026.
- •The market adoption and availability of the new Battery Energy Storage System.
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