Microtek invests over ₹400 crore to accelerate solar business growth
A energy transition development with market-wide reach.
· BS Companies
Microtek has announced an investment of over Rs 400 crore to accelerate the growth of its solar business. As part of its expansion plans, Microtek has invested over Rs 400 crore and is setting up a new solar panel manufacturing plant in Jaipur, which is expected to become operational by November 2026, the company said at the renewable energy expo 2026 concluded on Saturday.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
Why it matters
- Capex decisions are a bet on future demand; the market rewards or punishes them on whether the returns look credible.
Market context
- Sectors in the story: Power.
Power
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In this story
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