AksharChem’s Solar Switch: 5.19 MWp Plant Lights Up Its Green Ambitions

AksharChem (India) Ltd, a leading dyes and intermediates player, has informed stakeholders that its new ground-mounted solar power project has been fully commissioned and synchronised with its facilities. Rated at 5.19 MWp (3.85 MWAC), the plant is expected to supply a substantial share of the company’s power requirement through captive consumption, backed by applicable open-access / wheeling arrangements where relevant.

The solar project forms part of AksharChem’s broader strategy to de-risk energy costs, improve margins and demonstrate stronger ESG credentials to global customers. By replacing a chunk of conventional power with renewable energy, the company aims to reduce both its carbon emissions and exposure to peak-tariff spikes, while locking in long-term visibility on electricity expenses.

Key highlights

Commissioning of a 5.19 MWp / 3.85 MWAC ground-mounted solar power plant.

Project structured for captive use to serve AksharChem’s manufacturing power needs.

Expected benefits include lower energy costs, reduced carbon footprint and better earnings visibility.

Supports long-term sustainability, ESG positioning and compliance with evolving energy norms.

Management to monitor plant performance and explore further renewable additions based on outcomes.

Sources:  AksharChem (India) Ltd