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VST Industries converts entire Head Office to Solar Power



Posted On : 2022-03-11 14:31:17( TIMEZONE : IST )

VST Industries converts entire Head Office to Solar Power

As part of VST Industries commitment to sustainability, the Company today commissioned 1 MW rooftop solar plants for its manufacturing units. These plants will provide about 25 percent of the Company's energy needs. This will result in cancelling out a total of 1310 MT of carbon dioxide emissions. Energy generated from these plants will be used at the Corporate office, Azamabad factory and Toopran factory.

"Solar energy is one of the cleanest forms of energy and we are proud to utilize it to service about 25 percent of our energy needs. Our sustainability efforts support India's energy transition goals as well as contribute towards environment sustainability. We have earlier used solar energy for community benefit and have since 2015 installed a total of 2335 solar street lights across about 80 villages/towns in Telangana and Andhra Pradesh" said Aditya Deb Gooptu Managing Director, VST Industries Limited while inaugurating the plant.

The state of art PV technology plants covering an area of 83,247 square feet are constructed using 2226 numbers of solar modules.

VST Industries is committed towards environment protection and sustainability. The company's objective is to set an example in business responsibility with thoughtful initiatives, growth opportunities, and infrastructure developments. In light with this, VST Industries is making a tangible difference in the regions where the company operates.

Shares of VST Industries Limited was last trading in BSE at Rs. 2899.90 as compared to the previous close of Rs. 2863.50. The total number of shares traded during the day was 986 in over 266 trades.

The stock hit an intraday high of Rs. 2968.40 and intraday low of 2886.80. The net turnover during the day was Rs. 2888848.00.

Source : Equity Bulls

Keywords

VSTIndustries INE710A01016 RooftopSolarPlant HeadOffice