
Business Update8 Jun 2026, 01:15 pm
Motherson Commissions First Captive Solar Project in UP
AI Summary
Samvardhana Motherson International Limited, through its subsidiary Motherson New Energy Limited (MNEL), has commissioned its first captive solar power project in Mahoba, Uttar Pradesh. The 15 MWp facility, developed in partnership with ib vogt, will supply clean energy to Motherson's manufacturing plants in the state. This project is expected to generate approximately 23.4 GWh of renewable electricity annually, reducing CO2 emissions by an estimated 17,000 MT per year. It aims to reduce the company's carbon footprint, improve energy cost visibility, and enhance operational resilience, aligning with Motherson's broader sustainability goals and clean energy transition strategy.
Key Highlights
- Commissioned first captive solar project in Uttar Pradesh.
- 15 MWp facility to supply clean energy to manufacturing plants.
- Expected to reduce CO2 emissions by ~17,000 MT annually.
- Enhances energy resilience and reduces environmental footprint.
- Supports Group's clean energy transition and sustainability ambitions.
Price Impact
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