Don’t miss the latest developments in business and finance.

Gravita installs 1,300 KW of solar energy generation systems for its units in India

Image
Capital Market
Last Updated : May 27 2022 | 3:17 PM IST
Gravita India has installed a total of 1,300 KW of Solar Energy Generation systems at its manufacturing facilities situated in India.

This solar installation is expected to generate nearly 20 Lakh KWh of energy per year and reduce carbon emissions by around 1,550 tonnes per year. This solar installation will fulfill 7-8% of Gravita Group total energy requirement.

The Company has incurred capital expenditure of approximately Rs 6 crore for installing this solar system which has been funded through by internal accruals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 27 2022 | 2:34 PM IST

Next Story