Aastha Spintex Limited provided a business and operational update regarding a rooftop solar PV project being implemented at the manufacturing premises of Falcon Yarns Private Limited, which the company is in the process of acquiring.
Project Details
Falcon Yarns Private Limited has received registration from the Gujarat Energy Development Agency (GEDA) for installation of a rooftop solar PV system with 1,000 kW AC capacity and 1,350 kW DC capacity (1.35 MW DC) at its facility located at S. No. 177/1, N.H. 27, near Bharudi Toll Plaza, Bharudi, Taluka Gondal, District Rajkot, Gujarat.
The GEDA registration (No. PG/HT/10267568) was issued on 1 September 2026 under the Gujarat Integrated Renewable Energy Policy - 2025 for the industrial/commercial category. The project is registered in CAPEX mode, meaning the solar PV system is owned by Falcon Yarns and the electricity generated is intended for their own use.
Execution Progress
As of 16 September 2026, the project has moved into on-site execution phase. According to the Daily Progress Report dated 16 September 2026:
- 13 personnel were deployed at the site
- Module Mounting Structure (MMS) marking work was approximately 70% complete
- MMS installation work was approximately 40% complete
Photographic evidence shows active installation activity across multiple work fronts on the industrial roof.
Regulatory Requirements and Next Steps
The GEDA registration represents the initial approval, with several subsequent steps required before commissioning:
- Technical feasibility assessment by the relevant DISCOM (PGVCL)
- Execution of connectivity agreement with DISCOM after technical feasibility is established
- Installation of appropriate bi-directional meter as per DISCOM specifications
- SLD approval and charging permission from competent electrical authorities
- Compliance with Gujarat Integrated Renewable Energy Policy 2025, GERC regulations, and applicable ALMM requirements
Strategic Significance
The project aims to provide captive renewable power for Falcon's manufacturing operations, potentially reducing grid electricity consumption during solar-generation hours. The development supports the company's focus on operational efficiency and sustainability while strengthening the manufacturing infrastructure.
Important Qualifications
The disclosure emphasizes that the project is "GEDA registered and under execution" rather than fully commissioned. Commercial and operating benefits will only begin after completion of installation, statutory/utility processes, and successful commissioning. Any references to expected efficiency or cost benefits are statements of intent, not guarantees, as actual outcomes may vary based on commissioning schedule, solar generation, equipment performance, and other operating conditions.