Powering Green: Shree Pushkar Commissions 10MW DC Solar Plant in Nanded

MUMBAI — Specialty chemical and fertilizer producer Shree Pushkar Chemicals & Fertilisers Limited announced the official commercial commissioning of its 10.00 MW DC solar power plant located at the Umri Solar Park in Shirur village, Nanded, Maharashtra. Announced on August 17, 2026, the milestone deployment significantly scales the company’s captive renewable energy footprint to support its heavy manufacturing operations.

The green energy project operates under the Open Access Scheme sanctioned by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). Power generated from the Nanded facility will be channeled directly for captive consumption across the company's primary manufacturing units (Units 1, 2, 3, and 5) situated in the Lote Parshuram industrial belt of Ratnagiri.

Expanding Renewable Infrastructure and Open Access Power

The integration of the Nanded solar facility elevates Shree Pushkar's total consolidated solar capacity to 20.6 MW DC. Company executives emphasize that transitioning toward self-sustained captive green energy plays an essential role in insulating manufacturing margins against conventional grid tariff volatility and lowering overall carbon intensity.

By leveraging the state's open-access framework, energy-intensive chemical and fertilizer production lines can directly source clean power without relying entirely on traditional fossil-fuel-dominated utility grids. This initiative complements the firm's ongoing capital allocation strategies aimed at combining operational efficiency with rigorous environmental, social, and governance (ESG) compliance.

Strategic Impact on Manufacturing Costs and Market Competitiveness

The deployment of localized renewable energy assets carries multi-layered benefits for the enterprise and its stakeholders:

• Operating Margins: Captive solar power generation significantly mitigates long-term power overheads, protecting bottom-line profitability across both dye intermediates and fertilizer divisions.

• Environmental Compliance: Expanding clean energy adoption aligns with global sustainability requirements, reinforcing green certifications for textile chemical exports.

• Shareholders and Investors: Strengthening green infrastructure enhances the company's long-term ESG profile while preserving a net-cash-positive operational model funded through internal accruals.

Official Sources Section

According to official corporate disclosures and regulatory filings submitted by Shree Pushkar Chemicals & Fertilisers Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the commissioning details were formally communicated to the National Stock Exchange of India Limited (NSE) and BSE Limited. Regulatory documents confirm that statutory Open Access approval was granted by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).

"According to officials, the strategic expansion of our solar energy capacity underscores an unwavering commitment to sustainable manufacturing, optimizing production expenditures, and reducing our long-term environmental footprint."

Why It Matters

For energy-intensive industrial sectors such as chemicals and fertilizers, securing predictable, low-cost power is vital for maintaining international competitiveness. Investing in captive renewable infrastructure shields industrial operators from power tariff fluctuations while actively cutting greenhouse gas emissions, establishing a benchmark for sustainable manufacturing across regional industrial corridors.

Key Facts at a Glance

• Company Name: Shree Pushkar Chemicals & Fertilisers Limited

• New Facility: 10.00 MW DC Solar Plant at Umri Solar Park, Shirur, Nanded, Maharashtra

• Total Consolidated Solar Capacity: 20.6 MW DC

• Regulatory Framework: Open Access Scheme via MSEDCL

• Target Application: Captive power consumption for manufacturing units in Ratnagiri

FAQ Section

What is the capacity of the new solar plant commissioned by Shree Pushkar?

The newly commissioned solar plant at Nanded has a capacity of 10.00 MW DC.

How will the power generated from the Nanded plant be utilized?

The energy is designated for self-captive consumption across the company's manufacturing facilities (Units 1, 2, 3, and 5) under the Open Access framework.

What is Shree Pushkar's total solar capacity following this launch?

With the addition of the Nanded facility, the company's total consolidated solar capacity reaches 20.6 MW DC.

Which regulatory body approved the open access power arrangement?

The open access approval was granted by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).

Source: National Stock Exchange of India (NSE) Filings, BSE Limited Corporate Disclosures, Shree Pushkar Official Investor Relations