Board Approval Details
The Board of Directors approved the installation of a rooftop solar power plant through resolution passed via circulation on June 30, 2026. The approval is subject to necessary approvals from statutory or regulatory authorities, if required.
Project Specifications
The project involves installation of:
- 5 MW (DC) capacity
- 3.9 MW (AC) capacity
- Location: Company's Manufacturing Facility at Plot No. 01-08 New Industrial Area, Mandideep, Raisen, Madhya Pradesh-462046
Financial Details
- Capital expenditure: Approximately ₹11.25 Crores (excluding applicable taxes and duties)
- Funding: Entirely through Company's internal accruals
Operational Impact
- Expected annual electricity generation: 69.35 lakh units
- Substantial annual saving in electricity costs
- Significant reduction in Company's energy expenditure
- Enhancement of operational efficiency
Sustainability Impact
- Reinforces Company's commitment to sustainability through renewable energy adoption
- Contributes to reduction of carbon emissions
- Supports environmentally responsible business practices