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Fineotex has successfully commissioned Solar Power Plant at Ambernath Facility

Posted On : 2023-09-23 17:14:54( TIMEZONE : IST )

Fineotex has successfully commissioned Solar Power Plant at Ambernath Facility

Fineotex Chemical Limited (BSE: 533333, NSE: FCL), a leader of speciality chemicals headquartered in Mumbai, India, successfully commissioned its 100kWp Solar Power Plant installed at Ambernath facility on September 19th, 2023.

Being powered by clean energy is going to provide a competitive advantage by contributing to long-term energy reliability and reducing carbon emissions. The Solar power plant had been under observation and has been found to be functioning optimal. It is working perfectly well and meeting all the requirements that were set for it. The installation of this plant marks a milestone in committing to promote a cleaner and more sustainable energy landscape. By harnessing renewable energy sources, it not only promises substantial economic gains but also contributes significantly to our efforts to reduce environmental impact.

The company has moved closer to achieving ESG sustainability goals in the field of renewable energy which communicates its adherence to sustainability, committing to support its stakeholders on their green journey.

Commenting on this recognition, Ms. Aarti Jhunjhunwala, Executive Director, Fineotex Chemical, said, "We are pleased to announce that our Solar Power Plant has been successfully commissioned. We are committed to reducing our environmental impact and increasing our use of renewable energy. This solar plant will help us achieve these goals and make a positive contribution to the environment. Our solar power plant is just the beginning and together, we will continue to explore new frontiers in clean energy, making a positive difference in the world. We are grateful to our team for their hard work and dedication in making this project a success. We are also grateful to our customers and partners for their support as we work to build a more sustainable future."

Shares of Fineotex Chemical Limited was last trading in BSE at Rs. 314.20 as compared to the previous close of Rs. 314.75. The total number of shares traded during the day was 22782 in over 1036 trades.

The stock hit an intraday high of Rs. 319.10 and intraday low of 310.05. The net turnover during the day was Rs. 7185665.00.

Source : Equity Bulls


FineotexChemical INE045J01026 SolarPowerPlant Ambernath