Aether Industries Ltd updates on utilizing renewable energy resources

Aether Industries Limited, is keen about a sustainable and clean future for the future generations to come. Hence, the company had planned to switch to Renewable Energy Resources by moving towards Solar Power (to meet the electricity requirements) via 'Solar Captive Power Project' of 16 MW.

The same has already been charged with respect to the CEIG Charging Approval received from Chief Electrical Inspector to Government dated 7th July, 2022. Also, the approval from the concerned Authority for power generation is received now.

For this the EPC Developer that we chose was M/s. KPI Green Energy Limited. The plant is located at Village: Sarod of Bharuch District in Gujarat, India.

Currently the two Manufacturing Facilities (Site I and Site II) will be benefited from the Solar Power Project and the Manufacturing Facility (Site III) will start benefiting from the same from day one of its inception.

Shares of Aether Industries Limited was last trading in BSE at Rs. 961.50 as compared to the previous close of Rs. 915.10. The total number of shares traded during the day was 31534 in over 5092 trades.

The stock hit an intraday high of Rs. 987.45 and intraday low of 930.00. The net turnover during the day was Rs. 30420723.00.

Source : Equity Bulls

Keywords

AetherIndustries SpecialtyChemicals INE0BWX01014 SolarCapitvePowerProject 16MW