BSEHindusthan Insulators & Industries LtdMediumPositive
Announced Tue, 30 Jun · 13:13 IST

Board approves 11.25 Cr rooftop solar plant at Mandideep facility

Capex & Operations View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved installing a 5 MW (DC) and 3.9 MW (AC) rooftop solar power plant at the company's Mandideep manufacturing facility in Madhya Pradesh, via a resolution on June 30, 2026. The project involves a capital expenditure of about 11.25 Crores, funded entirely from internal accruals. It is expected to generate about 69.35 lakh units of electricity annually, which should reduce energy costs and support the company's sustainability goals.

Likely market impact

No immediate impact on shares. Long-term savings on energy costs and supports sustainability push.