StockWatch
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Iron & Steel
Expansion28 Jul 2026, 08:40 am

Shyam Metalics Commissions 8.90 MWp Solar Project at Jamuria

AI Summary

Shyam Sel and Power Limited, a subsidiary of Shyam Metalics and Energy Limited, has commissioned an 8.90 MWp solar power project at its Jamuria, West Bengal plant. The project utilizes a combination of 4.60 MWp CAPEX and 4.30 MWp OPEX models for captive consumption. This initiative aims to optimize operational power costs, integrate green energy, and reduce the company's carbon footprint, reinforcing its commitment to sustainable manufacturing. The Chairman & Managing Director highlighted the blended strategy's effectiveness in balancing capital efficiency with long-term cost optimization and emission reduction.

Key Highlights

  • Commissioned 8.90 MWp captive solar power project at Jamuria.
  • Project uses a mix of CAPEX (4.60 MWp) and OPEX (4.30 MWp) models.
  • Aims to optimize power costs and reduce carbon footprint.
  • Reinforces commitment to sustainable manufacturing and green energy.