Image Source: Baheti Industries
Baheti Recycling Industries Limited (NSE:SME-BAHETI) made a strong sustainability news with the commissioning announcement of a 1.2MW captive ground-mount solar photovoltaic (PV) power plant in Gujarat. Installed at an investment of ₹3.51 crore, the project will become commercially operational by Q1FY27—pushing the company's green mission and operational efficiency.
Key Points Strategic
Solar Investment: Baheti will be run by its 1.2MW solar power plant, which will cut energy bills by 60% annually, the equivalent of about ₹1.25 crore per annum.
ESG Commitment: The transition reiterates Baheti's long-term commitment to ethical business and sustainability and is consistent with its robust ESG (Environmental, Social, and Governance) strategy.
Operational Excellence: Not only will the solar project save the company money but also minimize the use of grid power, greatly decreasing the company's carbon footprint.
Leadership's Vision: Mr. Shankerlal Shah, Chairman & Whole Time Director, emphasized that the investment makes the company's business philosophy strong, with a theme of innovation, efficiency, and market leadership in the future.
Industry Reach: Founded in 1994, Baheti transforms aluminium-based scrap into alloys with uses in auto ancillary, automobile, electrical components, die-casting, steel, and conductor industries with a strong domestic as well as international reach.
"We are delighted to announce our news of our investment in a Solar PV Plant which will allow us to significantly reduce our energy bills. This keeps our business ethos strong and in line with our ESG strategy."
Source: Marketscreener, official website of Baheti Recycling Industries, PrintWeek India.
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