Everest Industries, a construction materials company based in India, has committed ₹1.76 crore to Amplus Ampere — a special-purpose vehicle launched by Amplus Energy Solutions — to develop a solar power plant dedicated to meeting the company’s own energy needs. As part of the group captive model, Everest Industries will source 5.5 MWp of solar electricity from the plant.
The investment grants Everest a 3.12% ownership in Amplus Ampere, through the purchase of 17.6 lakh equity shares at ₹10 each. Amplus Energy Solutions is focused on building, generating, and distributing solar energy across the country.
Everest Industries explained that the share acquisition is intended to facilitate open access to solar power and enhance the company’s use of renewable energy in Maharashtra. Everest Industries Limited is one of India’s leading building solutions providers with a legacy of more than nine decades.
Established in 1934, the company has built a strong reputation in the construction sector through its wide range of products, including roofing, boards, panels, and steel building solutions. With a presence across urban and rural markets, Everest Industries caters to diverse sectors such as housing, commercial spaces, industrial projects, and infrastructure. Its products are known for durability, innovation, and cost-effectiveness, making the brand a trusted choice in the construction ecosystem.
The company has consistently expanded its offerings to meet evolving industry needs, focusing on sustainability, modern design, and advanced technology. Everest’s steel building division, in particular, has seen rapid growth, delivering prefabricated solutions that enable faster and more efficient construction. With a strong distribution network, manufacturing facilities across India, and an emphasis on green building materials, Everest Industries continues to play a key role in shaping the country’s construction landscape while supporting initiatives for affordable housing and sustainable development.
