Shelter Pharma Ltd installs 15 KW solar power plant

Shelter Pharma Limited ("the Company") is pleased to announce that company has successfully installed 15 KW Solar Power Plant projected to have an approximate lifespan of 25 years, represents a pivotal step in Shelter's journey towards sustainable and eco-friendly manufacturing practices.

The solar panels is positioned on the roof of the factory, harnessing clean and renewable energy to power Shelter Pharma Limited manufacturing operations. According to the company's estimates, the cost of the solar power plant is expected to be recouped through energy savings within the first four years of operation. This means Shelter Pharma Limited is poised to realize substantial electricity cost savings for the subsequent 21 years.

The installation of the solar power plant underscores Shelter Pharmaceuticals Limited commitment to innovation, sustainability, and responsible corporate citizenship.

Shares of Shelter Pharma Limited was last trading in BSE at Rs. 43.00 as compared to the previous close of Rs. 43.00. The total number of shares traded during the day was 18000 in over 6 trades.

The stock hit an intraday high of Rs. 43.68 and intraday low of 42.52. The net turnover during the day was Rs. 778950.00.

Source : Equity Bulls

Keywords

ShelterPharma INE013V01011 Pharmaceuticals 15KW SolarPowerPlant