Investment30 Jun 2025, 04:29 pm
Exxaro Tiles to Save Approx. ₹5.67 Crore Annually with 5 MW DC Solar Power Project
AI Summary
Exxaro Tiles Limited, a leading manufacturer of vitrified and glazed tiles in India, has announced the installation of a 5 MW DC solar power project at Gorol, Idar, Gujarat. The project, set up on leased land for 25 years and 4 months, is dedicated to captive consumption for the Company’s manufacturing unit at Talod, Gujarat. The solar project is expected to result in approximately ₹5.67 crore in annual energy cost savings, a 30% reduction in energy costs at the unit. This initiative reinforces Exxaro’s commitment to sustainability, operational efficiency, and responsible manufacturing.
Key Highlights
- Exxaro Tiles to save approximately ₹5.67 crore annually with the installation of a 5 MW DC solar power project.
- The project is set up on leased land for 25 years and 4 months in Gorol, Idar, Gujarat.
- The solar project is dedicated to captive consumption for the Company’s manufacturing unit at Talod, Gujarat.
- The initiative is expected to result in a 30% reduction in energy costs at the unit.
- This move aligns with global sustainability goals and demonstrates Exxaro’s commitment to clean energy and environmental responsibility.