Stock Report

Source Natural Foods & Herbal Supplements Ltd announces new projects in Green Energy sector

Posted On : 2025-03-26 13:13:51( TIMEZONE : IST )

Source Natural Foods & Herbal Supplements Ltd. is pleased to announce its new projects in the Green Energy sector through its new brand, Hyenr.

The projects being implemented include ground mounted solar installations of 2.25 MW in Karnataka state for which the implementation has begun and an upcoming additional buildup of 2.00 MW in the state. Another 50 KW project of rooftop solar installations in Odisha and a 2 MW ground mounted solar installation is being planned.

The new business aligns with the Indian Government's aim, as part of its Nationally Determined Contributions (NDCs) for the Paris Agreement, to build 515 GW of non-fossil energy capacity by the year 2030.

The company has successfully secured business interest to the tune of Rs. 52 Crores for EPCC contract execution in this space from 7 states across the country including Tamil Nadu, Telangana, West Bengal, Gujarat and Madhya Pradesh.

The secured orders include the installation of solar systems across various locations, with the company committed to delivering high-quality, reliable, and efficient solutions to its clients.

This marks significant progress in the company's expansion into renewable energy solutions, aiming to contribute to sustainable growth and address the increasing demand for clean energy.

The company believes that this new venture strengthens its portfolio to drive long-term value, while supporting the global transition towards more sustainable energy sources.

Source Natural Foods & Herbal Supplements Ltd. continues to focus on innovation and excellence in both the health and wellness sector and the green energy domain as part of its long-term strategic goals.

Shares of SOURCE NATURAL FOODS & HERBAL SUPPL LTD. was last trading in BSE at Rs. 140.35 as compared to the previous close of Rs. 149.85. The total number of shares traded during the day was 8955 in over 136 trades.

The stock hit an intraday high of Rs. 146.05 and intraday low of 132.10. The net turnover during the day was Rs. 1262173.00.