Precision Camshafts has begun commercial operations at its 14 MWp captive solar power facility at Mangalwedha. The plant will supply green power to the company’s manufacturing units, cutting grid dependence and improving cost efficiency. The move aligns with its broader sustainability roadmap and supports India’s renewable energy transition.
Auto-component maker Precision Camshafts Ltd announced the commissioning of its 14 MWp captive solar power plant at Mangalwedha, set up to supply electricity primarily to its own facilities. The plant’s output is expected to replace a substantial portion of conventionally sourced power, which has been a major cost item for the company.
By locking in solar-based power at predictable tariffs, Precision Camshafts aims to improve operating margins while advancing its ESG agenda. The company also expects meaningful annual reductions in greenhouse‑gas emissions, strengthening its positioning with global OEM customers that increasingly track suppliers’ sustainability metrics.
Key highlights
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Project type: 14 MWp captive solar power plant.
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Location: Mangalwedha, Maharashtra.
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Purpose: To meet a significant share of internal power demand through renewable energy.
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Benefits: Lower long‑term energy cost, reduced carbon footprint, improved ESG profile.
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Strategic angle: Supports energy security, aligns with customer and regulatory focus on green manufacturing.
Sources: Precision Camshafts Ltd