Media Release for Driving Profitability Through Sustainability: KAKA Industries to Commission 7.5 MW Captive Solar Power Plant in Gujarat
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Kaka Industries is setting up a 7.5 MW captive solar power plant in Kheda District, Gujarat, with a total investment of ₹25 Crores (including GST). The plant, spread across ~95,911 sq. metres, will be commissioned by mid-August 2025 and will power the company's 8,00,000 sq. ft. Lasundra manufacturing facility. The company expects monthly electricity cost savings of ₹45-50 Lakhs, which is 52-55% of its current monthly power bill of ₹85-90 Lakhs. Additionally, the company will benefit from 40% depreciation on the capex, and the project is estimated to offset over 280,000 tons of CO₂ over its lifetime.
Positive for shareholders — the solar plant should significantly cut power costs (over 50% reduction), improve margins, and offer tax efficiency through accelerated depreciation, all supporting long-term profitability and sustainability credentials.