Solar Surge: Captain Polyplast Lands ₹5.6B Boost for Greener Fields

Captain Polyplast Ltd., a micro-irrigation and solar solutions industry leading manufacturing company, has been issued a Letter of Acceptance (LOA) for a prominent solar pumping systems project in the state of Gujarat. The order is a vital addition to the company's renewable energy division and further solidifies its reputation in sustainable agricultural infrastructure.

Key highlights of the achievement:

The LOA is for the commissioning, supply, and installation of the solar-powered water pumping arrangements for different districts in Gujarat.

The project falls under the state program to encourage clean energy use in agriculture with the aim of weaning agriculture off grid electricity and diesel irrigation.

Captain Polyplast will utilize its low-light solar submersible and surface pumps, which have the capability to provide effective water output under low light.

Strategic effect:

The scheme will most probably irrigate agricultural lands of thousands of hectares and will favor small and marginal farmers with guaranteed irrigation facilities.

It is in line with Captain's green consciousness, each pump saving as much as 1.5 lakh liters of water annually by optimized usage.

The company's solar systems feature MPPT controllers, dry-run protection, and dual-mode operation, ensuring long life with minimal maintenance needs.

Market outlook:

With this LOA, Captain Polyplast enhances its leadership in India's solar EPC segment, complementing its existing presence in drip and sprinkler irrigation.

The company is anticipated to see revenue expansion in FY26 with the push of government incentives and rising demand for climate-resilient agriculture solutions.

Sources: Reuters, Captain Polyplast Announcements, TradeIndia, NewsOnProjects.