Samvardhana Motherson International Limited (the Company) issued a press release announcing the commissioning of its first ground-mounted captive solar power project in Uttar Pradesh, India. The project was executed through its energy business company, Motherson New Energy Limited (MNEL), and its subsidiary Onega Solar Private Limited.
The 15 MWp solar facility is located in Mahoba, Uttar Pradesh. It is a group captive renewable energy project developed to supply clean, renewable energy to multiple Motherson manufacturing plants across the state.
The project is expected to generate approximately 23.4 GWh of renewable electricity annually, which will reduce carbon dioxide emissions by approximately 17,000 metric tons each year. The stated purpose is to reduce the carbon footprint of Motherson's manufacturing operations while improving long-term energy cost visibility, operational resilience, and access to reliable clean power.
The project was developed in partnership with ib vogt, an international renewable energy development company. ib vogt supported the project during the development phase through land acquisition, regulatory approvals, technical designing, and EPC execution.
Management Commentary
Laksh Vaaman Sehgal, Vice Chairman, Motherson Group, stated that sustainability is embedded in long-term value creation and that this project strengthens energy resilience while reducing the environmental footprint.
Kunal Vohra, COO, Energy Business, Motherson Group, stated that reliable access to competitively priced renewable power is important for global manufacturing operations and that this project establishes a foundation for scaling Motherson's renewable energy portfolio.
Parish Gupta, CEO & Managing Director of ib vogt Solar India, commented on the partnership and shared commitment towards accelerating industrial decarbonization.
Strategic Context and Future Plans
The project aligns with Motherson's broader sustainability ambitions, which include increasing renewable energy adoption, reducing carbon intensity across operations, and supporting global customers in achieving their decarbonization objectives. It also strengthens the Group's energy diversification strategy through long-term access to reliable and cost-competitive clean power.
MNEL continues to evaluate additional renewable energy opportunities across multiple Indian states as part of the group's long-term energy transition roadmap.
Regulatory Disclosure
This information was disclosed to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 read with clause 12 of Para A Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.