OCTOBER 20258CROMPTON GREAVES WINS 51.59 CR SOLAR ROOFTOP ORDER IN TELANGANAUP GOVT LAUNCHES PM MITRA PARK WITH RS 10,000 CR INVESTMENTUttar Pradesh administration has declared the realization of PM Mitra Park spread over Lucknow and Hardoi districts which will be implemented at a rough cost of Rs 1,680 crore. Covering 100 acres, this park is expected to generate over 1 lakh employment opportunities while attracting Rs 10,000 crore worth of investments, thus reshaping the state's profile as a leader of industrial hub.This park, embodying the spirit of PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks initiative, The order scope includes supply of inverters, AC distribution boxes (ACDB), DC distribution boxes (DCDB) and solar modules, marking a further strong push by the company to grow in renewable energy options.With this order Crompton Greaves Consumer Electricals further affirms its position in the fast-growing solar energy landscape of India, consistent with the country's activities to deliver sustainable and decentralize generation of electricity.Crompton Greaves Consumer Electricals has a 75 year brand legacy operating as an independent company under professional management with two primary business segments - lighting and electrical consumer durables. Crompton markets its products under the Crompton brand in India and other select export markets.Although this new business momentum, the company also reported a 19.4% decrease consolidated net profit to 122.29 crore for Q1 FY26, with revenue from operations shrunk 6.5% to 1,998.34 crore versus the previous year. On Thursday the shares of Crompton Greaves Consumer Electricals fell 0.52%, closing at 285.80 on the BSE.This latest order underscores Crompton's strategic shift toward sustainable energy solutions, reinforcing its role as a key player in India's evolving renewable power and electrical equipment industry. is in line with the central government's plan to bring about as many as seven such parks in the whole country, namely, Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.Among the materials used for manufacturing PM Mitra Park are eco-friendly construction materials, and energy conservation is done through architecture of energy-efficient, use of solar power, water conserved through rainwater harvesting, and e-waste management system are some of the other facilities for industrial eco-friendliness.Apart from this, areas for residential, educational, transportation, utilities, and recreational activities have also been allocated, which helps in establishing a well-balanced ecosystem. The endeavor is a turning point where Uttar Pradesh concentrates on "Development with Environment" which makes it possible for industrial expansion to coexist with ecological conservation.To that effect, PM Mitra Park has set a target to become a model for high environmental standards for industrial infrastructure, which will be an example for "Green State" and will raise India's economy along with creating more jobs through the implementation of green belts, buffer zones and water conservation measures. TOP STORIESCrompton Greaves Consumer Electricals revealed that it has received a large order worth 51.59 crore for the supply of solar rooftop systems to homes located across Telangana.
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