Amrut Energy Secures ₹100 Crore Investment to Expand Solar Solutions

Representational image. Credit: Canva

Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions, has successfully secured ₹100 crores in funding from private equity investors. The investment is set to accelerate the company’s expansion, enhance manufacturing capabilities, drive research and development, and scale operations in underserved regions.

With this funding, Amrut Energy aims to further support India’s renewable energy transition by advancing sustainable agricultural practices. The company’s solar-powered water pumps have played a crucial role in providing farmers with cost-effective and reliable electricity for irrigation, reducing operational expenses, and promoting sustainability.

Founded in 2016 by Arvind Patel, Amrut Energy has established itself as a key player in India’s clean energy sector. Patel’s journey, from a farming background in Gujarat to leading an advanced engineering and manufacturing company, exemplifies resilience and innovation in the renewable energy space.

The investment is expected to bolster the company’s efforts in revolutionizing the agricultural sector, contributing to economic growth, and fostering environmental sustainability across India.

 

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