StockWatch
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Ceramics
Investment1 Sept 2026, 12:37 pm

Orient Bell Invests ₹1.07 Cr for Renewable Energy Supply

AI Summary

Orient Bell Ltd has invested ₹1.07 Crores in a strategic tie-up for renewable energy generation and supply. This investment, made through a Power Consumption Agreement and Share Purchase and Shareholders Agreement with Jamnagar Renewables Two Private Limited and other shareholders, will provide 1.00 MW of Wind Solar Hybrid Power for the company's captive consumption at its Dora, Gujarat plant. The supply is expected to commence from September 1, 2026. Upon commencement, all three of Orient Bell's manufacturing plants will utilize renewable energy, significantly reducing dependence on conventional power sources and aligning with the company's sustainability goals.

Key Highlights

  • Invested ₹1.07 Crores in renewable energy project.
  • Secured 1.00 MW Wind Solar Hybrid Power supply.
  • All manufacturing plants to use renewable energy by Sep 2026.
  • Enhances commitment to clean energy and sustainable operations.