Microtek Invests Over ₹400 Crore in Solar Business; Jaipur Solar Panel Manufacturing Plant Due to Start by November 2026
Microtek has invested over ₹400 crore in its solar business as it expands manufacturing capacity. The company is setting up a solar panel manufacturing plant in Jaipur. The plant is expected to become operational by November 2026. The source does not state the plant’s capacity.
The expansion plans were announced at Renewable Energy Expo 2026. The investment is part of the company’s strategy to grow in renewable energy across power generation, distribution, conditioning and storage.
Microtek also plans to introduce a new battery energy storage system (BESS). The company is building its capabilities in battery storage and lithium-based solutions.
Its current portfolio includes home inverters, UPS systems, batteries, electrical wires, solar panels, solar inverters and lithium batteries.
