Faradigm® Ultracapacitors Pvt Ltd lays Foundation Stone for Power and Renewable Energy Equipment

Aartech Solonics Limited is pleased to announce the commencement of construction at the newly allotted site of its wholly owned subsidiary, Faradigm® Ultracapacitors Pvt. Ltd., in the Manufacturing Zone for Power and Renewable Energy Equipment under Renewable Energy Manufacturing Cluster at MohasaBabai Industrial Area, Madhya Pradesh. The Bhoomi Pujan (foundation stone laying ceremony) was recently conducted, signaling a major milestone in Aartech's mission to build indigenous, nextgeneration energy technologies.

The new facility will focus on the manufacturing of high-performance energy storage systems with applications in renewable energy, defence and transportation sectors. The land for the plant was allotted on a 99-year lease basis in 2024, and the facility is expected to begin operations by the end of 2026.

This development is in alignment with national initiatives such as Make in India and Atmanirbhar Bharat, and aims to contribute meaningfully to the needs of global energy infrastructure.

Source : Equity Bulls

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AartechSolonics FaradigmUltracapacitors BhoomiPujan NewPlant