Lords Chloro Alkali Charges Up: Inks Power Deal with CGE II Hybrid Energy

Lords Chloro Alkali Limited has approved a power supply and share purchase agreement with CGE II Hybrid Energy Private Limited. The strategic initiative is to boost the company's energy efficiency and sustainability initiatives.

 

Highlights:

 

1.Agreement to obtain dependable and possibly cost-saving power supply

2.Consistent with Lords Chloro's emphasis on operational excellence and sustainability

3.Follows recent capacity expansion plans for Caustic Soda Lye and Chlorinated Paraffin Wax

4.Supplements the company's 16 MW solar power plant commissioned in October 2024

 

This association comes as Lords Chloro Alkali continues to consolidate its market position, having posted a profit of ₹2.31 crore in H1 FY2025. The company's Managing Director, Ajay Virmani, had earlier stressed their focus on improving profitability through operational enhancements and strategic opportunities.

 

The deal with CGE II Hybrid Energy is anticipated to further streamline Lords Chloro's energy expenses and enable its long-term growth plans in the competitive chemicals industry.

 

Sources: Lords Chloro Alkali Limited Regulatory Filing, March 19, 2025