New Launch26 Jul 2025, 05:02 pm
Aartech Solonics Subsidiary, Faradigm® Ultracapacitors Pvt. Ltd., Lays Foundation Stone for Energy Storage Systems Manufacturing Facility in Madhya Pradesh
AI Summary
Aartech Solonics Limited’s wholly owned subsidiary, Faradigm® Ultracapacitors Pvt. Ltd., has initiated the development of its manufacturing facility for energy storage systems in the Renewable Energy Manufacturing Cluster at Mohasa-Babai, District Narmadapuram, Madhya Pradesh. The Bhoomi Pujan (Foundation Stone Laying Ceremony) was recently conducted, marking a significant step in the implementation of the Company's vision to expand into next-generation energy storage technologies and align with national missions such as Atmanirbhar Bharat and Make in India. The facility is expected to play a key role in supporting India’s growing renewable energy infrastructure and is targeted to be operational by the end of 2026.
Key Highlights
- Aartech Solonics Limited’s wholly owned subsidiary, Faradigm® Ultracapacitors Pvt. Ltd., is developing a manufacturing facility for energy storage systems in Madhya Pradesh.
- The facility is expected to support India’s growing renewable energy infrastructure and align with national missions such as Atmanirbhar Bharat and Make in India.
- The Bhoomi Pujan (Foundation Stone Laying Ceremony) was recently conducted, marking a significant step in the implementation of the Company's vision.
- The facility is targeted to be operational by the end of 2026.
- Faradigm® Ultracapacitors Pvt. Ltd. was established in 2017 to carry out research, design, development and manufacturing of energy storage devices such as ultracapacitors.