Sarda Energy Subsidiary Approves ₹300 Cr Capex for Green Initiatives

Sarda Metals & Alloys Ltd., a wholly-owned subsidiary of Sarda Energy & Minerals Ltd., has approved a capital expenditure of ₹300 crore. This investment is part of the company's green initiative and will be used for the installation of a waste heat recovery power plant and the expansion of its mineral wool manufacturing facility at its existing plant in Vizianagaram. This move signifies a commitment to sustainable operations and capacity enhancement within the subsidiary.