Active Clothing Co Limited has installed and commissioned a solar power system with an aggregate capacity of 1 MW at its facility. The system has successfully commenced operations and is expected to contribute towards meeting a portion of the Company's electricity requirements through renewable energy.
The initiative is part of the Company's commitment towards sustainable development, energy efficiency and responsible resource utilisation. The solar power installation aims to reduce the Company's dependence on conventional sources of electricity and increase the share of renewable energy in its overall energy mix.
The Company states that this initiative supports its efforts towards efficient energy management and responsible utilisation of natural resources. The installation represents an important step in integrating environmentally sustainable practices into the Company's manufacturing and operational activities.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has not provided specific financial details regarding the investment cost or expected savings from this solar power installation.
The document was signed by Rajesh Kumar Mehra, Managing Director (DIN: 00026176), on behalf of Active Clothing Co Limited.