Announced Tue, 28 Jul · 08:39 IST
Shyam Metalics subsidiary commissions 8.90 MWp solar project at Jamuria
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SHYAMMETL · price
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AI summary
Shyam Metalics' wholly owned unit Shyam Sel and Power has commissioned an 8.90 MWp captive solar power project at its Jamuria plant in West Bengal. The project uses a blend of 4.60 MWp under a CAPEX model and 4.30 MWp under an OPEX model. The solar power will be used for captive consumption to lower power costs and reduce carbon emissions, supporting the group's broader green energy push.
Likely market impact
Lowers long-term power costs, reduces carbon footprint, supports sustainability goals. Mild positive for the stock.