Exxaro Tiles Explores Funding for 15 MW Solar Power Project

Exxaro Tiles Limited, a leading manufacturer of vitrified tiles, is exploring fundraising options to install a 15 MW solar power project. This green initiative follows the company's recent expansion plans and comes amid rising energy costs in the manufacturing sector. The Gujarat-based company, which operates two manufacturing units with a total capacity of 146 lakh square meters, aims to reduce its carbon footprint and operational costs through solar power integration. The move aligns with the industry trend of adopting renewable energy, as seen in similar captive power projects by other manufacturing companies.

Source: BSE Filing