Aastha Spintex Subsidiary Gets GEDA Nod for 1.35 MW Solar Project
Aastha Spintex Limited announced that its subsidiary, Falcon Yarns Private Limited, has received registration from the Gujarat Energy Development Agency (GEDA) for a 1.35 MW DC rooftop solar PV project. The project, located at Falcon's manufacturing facility in Rajkot, Gujarat, is registered under the Gujarat Integrated Renewable Energy Policy - 2025. Physical execution is underway, with significant progress in module mounting structure installation. The generated electricity is intended for Falcon's own consumption under a CAPEX model, aiming for potential energy-cost efficiency. The company clarified that the project is registered and under execution, not yet commissioned, with further regulatory and utility processes pending.
Key Highlights
- Subsidiary Falcon Yarns receives GEDA registration for 1.35 MW solar project.
- Project located at manufacturing premises for captive power consumption.
- On-site execution is progressing with MMS installation underway.
- Potential for energy-cost efficiency post-commissioning.
- Project is registered and under execution, not yet commissioned.
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