Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding 'Disclosure of Information Under Regulation 30(3) Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. We are pleased to inform you that out of total capacity of 75 MW, 25 MW GIPCL Solar Project has been made operative today. The Company has started receiving Solar Power from 12.50 MW installation (i.e. 50% Share of GACL) from today. The Project is currently under the stabilization phase. Remaining power supply will start in due course. For more details kindly refer attached file.
GUJALKALI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat Alkalies and Chemicals Limited (GACL) has announced that a 25 MW solar power project being set up by GIPCL has become operative. GACL has a 50% share in this project, meaning it will receive 12.5 MW of solar power starting today. The total project capacity is 75 MW, and the remaining power supply will start in due course as the project stabilizes. This is part of the company's efforts to source renewable energy for its operations. GACL will continue to receive its full 12.5 MW share as the project moves into the stabilization phase.
This is a positive development for shareholders as it reduces GACL's reliance on conventional power and supports cost savings through renewable energy. It aligns with the company's sustainability goals but is unlikely to cause any immediate major move in the stock price.