Tamboli Castings Ltd commissions captive solar power plant

Tamboli Castings Limited, the Wholly-Owned Subsidiary of Tamboli Industries Limited, and one of the most respected manufacturers of high-precision, fully-machined investment castings, successfully commissioned its first captive solar power plant with a capacity of ~1 MW (approx.). This investment will meet dual objectives of becoming self-sufficient in power requirements as well reduce the carbon footprint of the Company in line with its sustainability initiatives.

By integrating solar energy into its operations, Tamboli Castings aims to achieve two critical objectives: firstly, to bolster its self-reliance in meeting the growing power requirements of its manufacturing facility; and secondly, to reduce its carbon footprint and advance towards a more sustainable operational model.

TCL recognizes the importance of transitioning towards renewable energy sources, not only to mitigate the environmental impact but also to secure long-term cost savings and energy independence.

Shares of TAMBOLI Industries LTD. was last trading in BSE at Rs. 150.00 as compared to the previous close of Rs. 154.70. The total number of shares traded during the day was 3811 in over 38 trades.

The stock hit an intraday high of Rs. 162.95 and intraday low of 149.00. The net turnover during the day was Rs. 586362.00.

Source : Equity Bulls

Keywords

TAMBOLIIndustries INE864J01012 TamboliCastings CaptiveSolarPowerPlant