21.1 C
Delhi
Wednesday, November 5, 2025

Crompton Greaves Wins ₹445 Crore Solar Rooftop Order for 40,000 Homes

Crompton Greaves Secures Massive ₹445 Crore Solar Rooftop Project

Crompton Greaves Consumer Electricals has secured its largest-ever solar rooftop order worth ₹445 crores, marking a major expansion into India’s renewable energy sector. The 77 MW project will install 2 KW on-grid rooftop systems across 40,000 households in Andhra Pradesh.

Key Project Details

  • Order Value: ₹445 crores
  • Capacity: 77 MW solar rooftop systems
  • Scope: 40,000 households in Andhra Pradesh
  • System Type: 2 KW on-grid rooftop installations

Rapid Market Expansion

This landmark project comes just two months after Crompton’s entry into the solar rooftop segment. The company recently secured a ₹52 crore order, demonstrating strong market traction. The solar rooftop market is projected to grow over 20% annually, driven by improving technology affordability and declining costs.

Comprehensive Implementation Strategy

Crompton will deploy trained personnel and a responsive service network to ensure efficient performance across all installations. The initiative aligns with India’s renewable energy goals by providing reliable solar solutions to households.

“This landmark solar rooftop order of ₹445 cr marks an important milestone in Crompton’s journey in renewable energy. It reflects the growing trust in our ability to deliver large-scale, sustainable solutions that align with India’s clean energy ambitions,” said Promeet Ghosh, Managing Director & CEO.

Building on Core Strengths

While known for fans and residential pumps, Crompton has expanded into lighting solutions and home appliances. The company also maintains a strong B2B lighting presence with energy-efficient solutions for commercial applications.

“This project highlights our energy-efficient solar solutions at scale, covering over 40,000 households. Our team will manage the complete process, ensuring quality and consistency across every site,” stated Shaleen Nayak, Business Unit Head – Lighting.

The project represents a significant step in and positions Crompton as a key player in India’s growing solar infrastructure landscape.

Latest

Paytm Q2 FY26 Results: 24% Revenue Growth, Rs 211 Crore PAT

Paytm reports strong Q2 performance with 24% revenue growth, Rs 211 crore profit, and record merchant subscriptions driven by AI innovation and financial services expansion.

Yum Brands Considers Selling Pizza Hut Amid US Sales Decline

Pizza Hut's parent company launches strategic review as US sales drop 7%. Global chain with 20,000 stores could be sold to unlock value.

IBM Layoffs: Thousands of Jobs Cut Amid Software Growth Focus

IBM announces thousands of job cuts affecting low single-digit percentage of workforce. Learn how tech layoffs impact employees and industry trends in 2025.

M&M Q2 Profit Surges 18% to Rs 4,521 Crore, Beats Estimates

Mahindra & Mahindra reports strong Q2 FY26 results with 18% profit growth driven by tractor sales and improved margins. Get key financial highlights and outlook.

Adani Enterprises Q2 Profit Jumps 84% to ₹3,199 Crore

Adani Enterprises reports 84% surge in Q2 profit, approves ₹25,000 crore rights issue for expansion. Key infrastructure milestones achieved including Navi Mumbai airport.

Topics

Jaishankar to Visit Canada for G7, Marking Diplomatic Reset

India's External Affairs Minister visits Canada for G7 meeting, signaling major thaw in bilateral relations after 2023 diplomatic crisis.

Paytm Q2 FY26 Results: 24% Revenue Growth, Rs 211 Crore PAT

Paytm reports strong Q2 performance with 24% revenue growth, Rs 211 crore profit, and record merchant subscriptions driven by AI innovation and financial services expansion.

Sachin Tendulkar Inspired Shafali Verma’s World Cup Final Heroics

How Sachin Tendulkar's pep talk helped Shafali Verma deliver a match-winning 87 and two wickets to secure India's first Women's Cricket World Cup title.

Yum Brands Considers Selling Pizza Hut Amid US Sales Decline

Pizza Hut's parent company launches strategic review as US sales drop 7%. Global chain with 20,000 stores could be sold to unlock value.

Bangladesh Military Moves Near India’s Siliguri Corridor Raise Concerns

Unusual military movements in Bangladesh involving US troops, Pakistani naval cooperation, and Azerbaijani cargo planes near India's strategic Siliguri Corridor.

Bomb Threat Halts Flights at Reagan National Airport, Operations Resume

All flights suspended at Washington's Reagan National Airport due to bomb threat targeting United Airlines flight. Operations resumed after security clearance.

IBM Layoffs: Thousands of Jobs Cut Amid Software Growth Focus

IBM announces thousands of job cuts affecting low single-digit percentage of workforce. Learn how tech layoffs impact employees and industry trends in 2025.

US Shutdown Hits Record 35 Days as Senate Fails to Pass Bill

The longest US government shutdown continues as 1.4 million workers go unpaid and air travel faces major disruptions. Get the latest updates.
spot_img

Related Articles

Popular Categories

spot_imgspot_img