
Business Update18 Jun 2026, 01:02 pm
Sportking India Solar Project Commences Commercial Operations
AI Summary
Sportking India Ltd announced the commencement of commercial operations for its solar power project, established under a Solar Power Purchase Agreement (SPPA) with M/s Evincea Renewable Seven Private Limited. The project, located in Punjab, is expected to significantly reduce the company's power costs by approximately 12-13% annually. This initiative aligns with Sportking India's commitment to sustainable growth, energy efficiency, and the adoption of renewable energy sources, reinforcing its environmental and social objectives by reducing its carbon footprint and increasing the share of clean energy in its consumption.
Key Highlights
- Solar power project commenced commercial operations on June 18, 2026.
- Expected to reduce annual power costs by 12-13%.
- Enhances energy efficiency and adoption of renewable energy.
- Reduces carbon footprint and increases clean energy share.
Price Impact
More from SPORTKING