Intimation regarding successfully installation and commencement of Solar Generation Plant at Company''s Factory.
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Technichem Organics has successfully installed and started a solar power generation plant at its factory in Khambhat, Gujarat. The plant has a capacity of 1170 KW (DC) equivalent to 900 KW (AC), set up entirely for the company's own use (captive consumption). In clear weather conditions, it is expected to generate enough power to save the company approximately Rs. 9 lakh per month in electricity costs at current rates. This is part of the company's effort to bring down its power expenses and use cleaner energy at its manufacturing facility.
Positive for shareholders — the solar plant will meaningfully reduce monthly power costs, improving operating margins over time. It also reduces reliance on external power and supports the company's sustainability profile, though the savings are modest in absolute terms.