Crompton Wins Rs 52 Cr Solar Rooftop Project in Telangana

Crompton Greaves Consumer Electricals Ltd. has secured its first major solar rooftop project worth Rs 52 crore in Telangana. This marks a significant milestone for the company as it expands into the rapidly growing solar energy market.

The order highlights Crompton’s commitment to advancing sustainable energy solutions and leveraging its strong brand reputation, wide distribution network, and scalability. The company aims to capitalize on India’s booming solar rooftop market, valued at Rs 20,000–25,000 crore and growing at over 20% annually.

Crompton’s entry into solar rooftops aligns with its broader strategy to significantly expand its Total Addressable Market (TAM) from Rs 75,000-1 Lakh Crore to Rs 2 Lakh Crore. The combined solar pumps and solar rooftops segment represents a large opportunity size of ₹40,000–₹50,000 Crs. Crompton is uniquely positioned to capture this growth through its trusted & reliable brand and extensive distribution network. The company is already witnessing strong momentum, with large orders and a robust pipeline in solar pumps.

Promeet Ghosh, Managing Director & CEO, Crompton Greaves Consumer Electricals Ltd. said, "The renewable energy sector, particularly solar rooftops, presents a transformative opportunity for India’s energy landscape. Crompton’s entry into this segment reflects our commitment to sustainability. Our vision is not only to deliver high-performance, innovative products, but to also become a major contributor to India’s green energy transition, driving both fast growth for Crompton and a sustainable future for the nation.”

He further added, “Securing our first major solar rooftop order is a significant milestone for the category. This validates our capabilities and sets the stage for rapid growth in a sector that is witnessing tremendous demand. Leveraging our brand strength and distribution reach, we are well-positioned to create meaningful impact and deliver value to our consumers and the broader ecosystem. The potential for this Rs 20,000–Rs 25,000 Crs category is immense, and we are committed to driving innovation and excellence as we expand our footprint.”