VSFIL embarks on Green Initiative by setting up 2 MW Solar Power Plant

Vidhi Specialty Food Ingredients Limited referred to as 'VSFIL', has set up 2 MW Solar Power Plant at Village : Rambhapur, Tal : Murtizapur, Dist : Akola, Maharashtra. 100% of electricity generated through above solar power plant shall be utilised for captive use for our following HT connections.

The project will support the Company's green energy requirements for its manufacturing units. It will also help the Company reducing carbon emissions.

Solar plant commissioned will also help VSFIL in significant cost savings and operational efficiencies which will aid to margin expansion in the long run.

The total cost of the project (including land) is Rs. 9 crs approx. which was fully funded by internal accruals.

Shares of Vidhi Specialty Food Ingredients Limited was last trading in BSE at Rs. 335.6 as compared to the previous close of Rs. 339.25. The total number of shares traded during the day was 11490 in over 670 trades.

The stock hit an intraday high of Rs. 345.1 and intraday low of 335.6. The net turnover during the day was Rs. 3904833.

Source : Equity Bulls

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