Published On:April 6 2024
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"Nelcast to Commission In-House Solar Plant at Pedapariaya Unit for Green Initiatives"

Nelcast Ltd, a prominent producer of Ductile and Grey Iron castings in India, has announced the commissioning of a solar power plant as part of its clean energy commitments. The company, listed on both the NSE (Symbol: NELCAST) and BSE (Scrip Code: 532864), has installed a 1 MW solar power plant at its Pedapariaya Plant in Andhra Pradesh.

This initiative reflects Nelcast Limited's dedication to environmental sustainability and stakeholder responsibility. By embracing renewable energy solutions, the company aims to reduce its carbon footprint significantly.

Mr. Deepak Reddy Ponnavolu, Managing Director & CEO of Nelcast, expressed his views on the development, stating, "We believe that such initiatives represent a small yet significant step towards a greener future while also contributing to the nation's clean energy objectives. This endeavor reaffirms Nelcast Limited's commitment to sustainability, economic efficiency, and reducing our carbon footprint."

EQUITYBULLS





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