Roto Energy Systems Ltd., a wholly owned subsidiary of Roto Pumps Ltd, has achieved a significant milestone by securing over 400 orders for its Solar Submersible Pumping Systems under the brand name “Roto Rudra.” These orders, spanning Australia, South Africa, and the Indian states of Chhattisgarh and Maharashtra, underscore the company’s commitment to sustainable water management solutions. The share price of Roto Pumps Ltd experienced a surge, gaining 10% over the past week.
Mr. Harish Chandra Gupta, Chairman and Managing Director of Roto Pumps Ltd., highlighted the importance of these projects in advancing global water sustainability goals. He noted, “Roto Rudra’s solar solutions align with India’s renewable energy objectives, driving sustainable water management and empowering communities.”
Established in 1968, Roto Pumps Ltd. is a globally recognised leader in positive displacement pumps, with operations spanning over 50 countries. Its subsidiary, Roto Energy Systems Ltd., focuses on sustainable water solutions, with a state-of-the-art facility in Greater Noida.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 9, 2024, 12:18 PM IST
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