Amrut Energy Secures ₹100 Crore Investment to Expand Renewable Energy Solution – EQ
In Short : Amrut Energy has raised ₹100 crore to expand its renewable energy solutions, including solar, wind, and hybrid projects. The investment supports India’s goal of 500 GW renewable capacity by 2030, focusing on innovation and efficiency. This funding highlights growing investor confidence in clean energy and positions Amrut Energy as a key player in driving sustainable power solutions and economic growth.
In Detail : New Delhi – Ahmedabad-based renewable energy company Amrut Energy Pvt Ltd has raised ₹100 crores in funding from private equity investors. The investment will support the company’s expansion plans, enhance manufacturing capabilities, drive research and development, and scale operations in underserved regions.
Founded in 2016 by Arvind Patel, Amrut Energy specializes in solar water pumps and clean energy solutions aimed at transforming India’s agricultural sector. By providing farmers with access to reliable solar-powered irrigation, the company has helped reduce operational costs and promote sustainable farming practices.
Arvind Patel, reflecting on the company’s journey, said, “We are committed to driving India’s renewable energy transition while empowering farmers with sustainable and cost-effective solutions.”
The funding marks a significant step in Amrut Energy’s efforts to accelerate the adoption of renewable energy and contribute to economic and environmental sustainability.
