Borana Weaves Limited has informed the Exchange regarding a press release dated March 24, 2026, titled "Press release for successfully commissioned its 3.545 MW rooftop solar power project".
BORANA · price
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Borana Weaves has successfully commissioned a 3.545 MW rooftop solar power project across its manufacturing units, completed ahead of the scheduled timeline. The company has also fully operationalized all 160 high-speed water jet looms at Unit 4B, where only 64 were previously running. The solar project is expected to lower power costs, improve operating margins, and support energy cost stability. The full loom capacity is expected to increase output, improve efficiency, and enable faster order execution. Together, these milestones support the company's planned expansion for FY 2025-26 and reinforce its focus on sustainable, profitable growth.
Positive for shareholders — capacity expansion and lower energy costs should support higher volumes and better margins going forward, though the company has not quantified the financial impact yet.