Rhetan TMT 1 MW captive solar project ready, power generation from August 2026
RHETAN · price
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Rhetan TMT has completed installation of its 1 MW captive ground-mounted solar power project at its Kadi, Gujarat steel facility. All regulatory approvals including GEDA registration and NHAI cable-laying permission are secured. Testing and commissioning are underway, with power generation expected by the first week of August 2026. The project aims to cut energy costs, a major input for steel manufacturing, and supports the company's green steel identity. Project was announced in February 2025 and has hit milestones on schedule.
Cuts a major input cost (power) for steel manufacturing; supports green steel positioning. Mild positive for margins and ESG appeal.