GRSE Strengthens Green Energy Footprint with Inauguration of another Solar Power Plant

In a bid to reduce the consumption of the conventional energy, Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a Mini Ratna Category 1 Defence PSU and a leading warship-building company of India inaugurated another Solar Power Plant of 200 kWp at the Main Works Unit.

Cmde PR Hari, IN (Retd.) CMD, GRSE inaugurated the Solar Power Plant in the presence of Shri RK Dash, Director (Finance), GRSE, Senior officials and employees of GRSE. The new Solar Plant aims to facilitate reduction in the emission of greenhouse gas and supply power for construction of Warships and other vessels for the Indian Navy and Indian Coast Guard. This 200 kWp Solar Plant is in addition to the Rooftop Solar Plant of 1500 kWp capacity that shows GRSE's commitment towards green energy for reducing the impact of atmospheric climate change.

Recently, GRSE took a revolutionary step towards reducing the Carbon emission in the water transport sector when the Shipyard signed a contract with the Government of West Bengal for design and construction of Next Generation Electric Ferry. It is also playing a key role in defence preparedness of India to produce the most modern warships through indigenization for the country aimed at self-reliance.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 495.65 as compared to the previous close of Rs. 494.95. The total number of shares traded during the day was 92537 in over 2920 trades.

The stock hit an intraday high of Rs. 502.75 and intraday low of 486.80. The net turnover during the day was Rs. 45854720.00.

Source : Equity Bulls

Keywords

GardenReachShipbuildersandEngineers INE382Z01011 GRSE SolarPowerPlant MainWorksUnit