
Expansion17 Aug 2026, 08:10 pm
Venus Pipes Commissions 6.1 MW Solar Unit, Adds ₹6 Cr Savings
AI Summary
Venus Pipes & Tubes Ltd has announced the commissioning of an additional 6.1 MW DC solar power unit at Dhaneti, Gujarat. This investment of approximately ₹22 crores is projected to yield annual power cost savings of around ₹6 crores. The new unit increases the company's total solar power capacity to 7.4 MW DC. This expansion aims to reduce reliance on conventional energy sources, enhance energy efficiency, and lower overall power costs, reinforcing the company's commitment to sustainable manufacturing and increasing renewable energy usage in its operations. The Managing Director highlighted this as a key step towards improving cost efficiency and building a sustainable manufacturing platform.
Key Highlights
- Commissioned additional 6.1 MW DC solar power unit.
- Investment of ₹22 crores expected to save ₹6 crores annually.
- Total solar capacity now stands at 7.4 MW DC.
- Enhances focus on renewable energy and cost efficiency.
- Reinforces commitment to sustainable manufacturing practices.
Price Impact
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