Exxaro Tiles Ltd targets approx. ₹5.67 Crore annual Energy Cost Savings

Exxaro Tiles Limited (BSE: 543327 | NSE: EXXARO), one of India's leading manufacturers of vitrified and glazed tiles, proudly announces the installation of a 5 MW DC solar power project at Gorol, Idar, Gujarat. The initiative reinforces Exxaro's commitment to sustainability, operational efficiency, and responsible manufacturing.

The solar project, set up on leased land for 25 years and 4 months, is dedicated to captive consumption for the Company's manufacturing unit at Talod, Gujarat. This plant currently consumes around 21 million electricity units annually. With solar energy now supplementing operations, the Company expects to save approximately ₹5.67 crore per annum, translating to a 30% reduction in energy costs at the unit.

"The solar project is a major step in aligning our business operations with global sustainability goals. It not only strengthens our cost-efficiency but also demonstrates our commitment to clean energy and environmental responsibility," said Mr. Mukeshkumar B. Patel, Managing Director, Exxaro Tiles Limited.

Source : Equity Bulls

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ExxaroTiles 5MWDC SolarPowerProject Gorol Idar Gujarat