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Updated: July 25, 2025 19:12
Green Energy Collaboration Approved
JC Biotech Pvt Ltd, a 95.72% subsidiary of Advanced Enzyme Technologies Ltd, has approved a strategic collaboration with Raywatt Solar Power Systems Pvt Ltd to meet its electricity needs through a group captive solar project.
• The solar power will supply JC Biotech’s plant at APIIC Growth Centre, Gundlapalli, Andhra Pradesh
• Raywatt will develop and operate the solar infrastructure under the group captive model
• JC Biotech will invest in the project to qualify as a captive consumer
Sustainability and Operational Impact
• The move aligns with Advanced Enzyme’s broader ESG goals and carbon reduction strategy
• It ensures long-term cost savings and energy security for JC Biotech’s fermentation-based operations
• The collaboration reflects a growing trend of biotech firms integrating renewable energy into core manufacturing
Sources: Rediff MoneyWiz, Advanced Enzyme Technologies Ltd Disclosure