Announced Wed, 16 Sept, 2026 · 12:37 IST
Solar Power Project commences operations at Poojaa Precision
Price
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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹706.45
prior close
₹688.00
base price
In-mkt
timing
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AI summary
Poojaa Precision Engineering has commenced commercial operations of its 4.95 MWp Solar Power Project at Bhaganurwadi, Nanded, Maharashtra on September 16, 2026, funded entirely through IPO proceeds at a cost of about Rs 14.81 crore. The project will supply captive power to the company's manufacturing plants, expected to save roughly Rs 40 to 45 lakh per month in power costs, reducing reliance on conventional energy and lowering carbon footprint.
Likely market impact
Positive: captive solar power to cut Plant 1 and 2 power costs by about Rs 40 to 45 lakh monthly, supporting margins and ESG profile.