Intimation for starting Commercial Operation of our new Solar Plant 3.60 MW AC (5 MWp DC) situated at Bikaner
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Awaiting price reaction for this filing.
Universal Autofoundry Ltd, a manufacturer of grey iron and ductile iron components based in Rajasthan, has started commercial operation of a new 3.60 MW AC (5 MWp DC) captive solar PV power plant at Bikaner on 24th July 2025. The plant is set up for the company's own use, helping it meet its own power needs through renewable energy. The company says the new facility will both support production capacity and move it towards greener operations. No details on project cost or financial impact were shared in the filing.
Positive for shareholders as the captive solar plant is likely to lower the company's future electricity costs and reduce dependence on grid power, though the size of the savings will depend on the plant's output versus total power needs. The cost of setting up the plant and its impact on debt or net worth were not disclosed.