Venus Pipes & Tubes has commenced operations of a new 6.1 MW DC captive solar power unit in Dhaneti, Gujarat, boosting its total solar capacity to 7.4 MW DC. Backed by a ₹22 crore investment, the facility is projected to yield ₹6 crore in annual savings while advancing sustainable manufacturing.
DHANETI, GUJARAT — In a major step toward sustainable manufacturing, Venus Pipes & Tubes Limited officially commenced operations of its additional 6.1 MW DC captive solar power unit in Dhaneti, Gujarat, on August 17, 2026.
The strategic green energy expansion, backed by an investment of approximately ₹22 crore, elevates the company's total installed solar capacity to 7.4 MW DC. Management noted that the initiative is designed to structurally reduce reliance on conventional grid power, optimize operational expenses, and advance long-term carbon reduction targets across its stainless-steel manufacturing operations.
Boosting Operational Efficiency and Clean Energy Share
Venus Pipes specializes in seamless and welded stainless-steel pipes, tubes, and fittings for high-precision industrial sectors. Integrating captive renewable energy assets allows the manufacturer to insulate its cost structure from conventional electricity tariff volatility while advancing environmental compliance.
According to official corporate disclosures and regulatory statements:
Capital Investment: The company invested approximately ₹22 crore to engineer and commission the 6.1 MW DC solar installation.
Projected Cost Savings: The solar facility is expected to generate recurring annual power cost savings of approximately ₹6 crore, significantly boosting operating margins.
Capacity Milestone: With this latest commissioning, the firm's total cumulative solar power capacity expands to 7.4 MW DC, reinforcing its commitment to sustainable manufacturing.
Official Sources Section
Quote Section
According to statements released by Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd regarding the commissioning of the new solar facility:
"The commencement of additional 6.1 MW DC solar power unit is an important step towards strengthening our renewable energy footprint and improving the cost efficiency of our operations. We remain committed to increasing the use of renewable energy while building a more efficient and sustainable manufacturing platform."
Why It Matters
For industrial manufacturers, investors, and consumers, transitioning toward captive renewable energy sources provides a dual benefit of lower structural operating costs and reduced carbon emissions. By securing predictable green energy supply, companies like Venus Pipes enhance their global competitiveness and meet rigorous environmental, social, and governance (ESG) standards demanded by international markets.
Key Facts at a Glance
Company Name: Venus Pipes & Tubes Limited.
New Facility: 6.1 MW DC captive solar power unit located in Dhaneti, Gujarat.
Total Investment: Approximately ₹22 crore.
Projected Savings: Annual power cost savings of approximately ₹6 crore.
Total Solar Capacity: Expanded to 7.4 MW DC.
FAQ Section
What is the capacity of the newly commissioned solar power unit?
Venus Pipes & Tubes has commenced operations of a 6.1 MW DC captive solar power unit in Dhaneti, Gujarat.
What is the total solar capacity of Venus Pipes following this expansion?
With the new commissioning, the company's total cumulative solar power capacity now stands at 7.4 MW DC.
How much financial savings is the new solar plant expected to generate?
The project is projected to yield annual power cost savings of approximately ₹6 crore, offsetting conventional energy expenses.
Where are the corporate shares of Venus Pipes & Tubes listed?
The company's equity shares are listed and traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the symbol VENUSPIPES.
Source: Venus Pipes & Tubes, NSE India, BSE India