SJS Enterprises Ltd, a prominent decorative aesthetics solutions company, announced today that its subsidiaries, Exotech Plastics Private Limited (EPPL) and Walter Pack Automotive Products India Private Limited (WPI), have executed a Solar Power Purchase Agreement. This agreement is intended to enable the company to source 4.65 megawatts peak (MWp) of solar electricity to promote sustainability and reduce carbon emissions across its operations.
The Solar Power Purchase Agreement demonstrates SJS Enterprises' commitment to environmental responsibility through the use of renewable power. This decision is in line with the company’s overarching strategy to embrace green energy, which is part of its sustainable growth and operational efficiency plans.
As part of that Solar Power Purchase Agreement, the solar electricity supply will meet the energy needs of company manufacturing plants and help to optimize costs and lower the need for conventional energy sources. This decision further enhances the company’s sustainability goals and positions SJS Enterprises as a company committed to the renewable energy sector.
This development is yet another step SJS Enterprises has made in its journey towards institutionalizing sustainable practices across its business operations.
Source: MarketScreener