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Amrut Energy raises Rs 1 billion to expand solar pump manufacturing

Amrut Energy has secured Rs 1 billion in funding from private equity investors to enhance its manufacturing capabilities and expand operations in underserved regions. The Ahmedabad-based company specializes in solar-powered water pump systems, which help farmers access free and reliable electricity for irrigation. The investment will be used to strengthen research and development, improve production efficiency, and scale operations across new markets. Amrut Energy also plans to accelerate innovation in solar technology to make its…