Websol Energy Secures Major Solar Module Order from CRI Pumps

In a significant step forward for India's renewable energy landscape, Websol Energy System Limited, a reputed manufacturer of solar cells and modules, has announced a major supply agreement with C.R.I. Pumps Private Limited. This collaboration involves the supply of Mono-PERC DCR Solar Modules, totalling up to 250 MW, reinforcing Websol’s position as a key player in the solar manufacturing sector while supporting national sustainability initiatives.

Strengthening Domestic Solar Manufacturing

The contract underscores the growing emphasis on domestic content in the renewable energy value chain. By supplying DCR-classified Mono-PERC solar modules (ranging from 500Wp to 535Wp), Websol aligns itself with the Government of India’s push to bolster local manufacturing under initiatives like the Domestic Content Requirement policy. This not only enhances the self-reliance of India’s energy sector but also enables Websol to comply with key regulatory frameworks, especially for projects like the PM KUSUM Solar Pumps Scheme, which aims to empower Indian farmers with sustainable irrigation solutions.

Driving Technological Leadership and Market Expansion

Websol’s Managing Director, Mr Sohanlal Agarwal, expressed confidence in the company's ability to deliver premium quality and technologically superior products. With rigorous quality control and high-performance assurance, Websol is well-positioned to meet the expectations of partners like C.R.I. Pumps. 

The agreement is a testament to the company's strategic focus on expanding its manufacturing capacity and innovating to meet evolving industry demands. As India races towards its renewable energy goals, Websol’s advanced module technology will serve as a critical component in rural electrification and clean energy access.

Read More: Solex Energy Receives ₹451 Crore Solar Modules Order from KPI Green Energy!

Websol Energy System Share Performance 

As of May 09, 2025, at 11:10 AM, Websol Energy System share price is trading at ₹1,164.80 per share, a decline of 3.35% from the previous closing price. Over the past month, the stock has declined by 3.20%.

Conclusion

The newly signed agreement with C.R.I. Pumps not only mark a business milestone for Websol Energy but also signify the company’s enduring commitment to green energy, domestic production, and technological advancement. As the demand for solar solutions continues to rise, Websol is strategically positioned to play a transformative role in India's sustainable future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.