Aditya Ultra Steel Limited (AUSL), a manufacturer of TMT bars under the Kamdhenu brand, has taken a significant step towards sustainable operations. At its board meeting held on 29th April 2025, the company approved a resolution to lease land for the installation of a 5000 KWP (5 MW) solar captive power plant. This development underscores AUSL’s commitment to renewable energy and environmentally responsible production.
The share price of Aditya Ultra Steel was trading flat at 12:13 PM On May 7, 2025.
The solar project will be located at Survey Nos. 105, 106 P-1, 108 and 109 in Village Kundani, Sub-District Jasdan, District Rajkot, Gujarat. It is intended to serve the energy needs of AUSL’s manufacturing facility located at Wankaner, Rajkot, by substantially reducing reliance on grid electricity and bringing down operational costs.
This strategic move is not only aligned with sustainable energy goals but also serves as a proactive step to mitigate rising energy costs in the long run.
To facilitate the installation, AUSL’s board has approved leasing the identified land from KPI Green Energy Ltd. The land will be used exclusively for the setup of the solar captive power plant, supporting uninterrupted and clean energy supply for AUSL’s internal operations.
Read More: Solex Energy Receives ₹451 Crore Solar Modules Order from KPI Green Energy
The company has stated that any material updates regarding the plant’s construction, production capacity, or financial impact will be disclosed to the stock exchange as deemed appropriate by the board.
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Published on: May 7, 2025, 3:19 PM IST
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