Accent Microcell Places Order for 4.45 MW Wind Turbine Installation on Turnkey Basis
Accent Microcell Limited has approved a capital expenditure project involving the installation of a wind turbine generator (WTG) to ensure captive consumption and offset electricity costs across its manufacturing plants. The company placed a Purchase Order for the turnkey installation with Inox Wind Limited, scheduled for August 12, 2026.The investment is aimed at leveraging renewable energy generation to mitigate operational expenses at Plant-I and Plant-II. Furthermore, the project is designed to address the anticipated energy requirements of Phase-I of Plant-III upon its commercialization.
Accent Microcell noted that this proposed capital expenditure was undertaken following a careful evaluation of existing electricity consumption costs at its plants. The primary objective of integrating the wind energy asset is to offset and reduce the company's overall power bill through captive consumption.
The details of the transaction are summarized below:
| Particulars | Details |
|---|---|
| Nature of transaction | Capital expenditure - Installation of Wind Turbine (turnkey basis) |
| Capacity | 4.45 MW |
| Vendor/Counterparty | Inox Wind Limited |
| Date of Purchase Order | August 12, 2026 |
| Purpose | Captive consumption to offset power costs of Plant-I, Plant-II and upcoming Phase-I of Plant-III |
| Expected benefit | Significant reduction in month-on-month plant electricity bill once it is installed and commissioned. |
The company expects the installation and commissioning of the wind turbine to result in a substantial reduction in its monthly factory electricity bill. This initiative is also anticipated to have a favourable impact on Accent Microcell's operating profit margins, giving the company a competitive edge.
ACCENTMIC Stock Price Movement
As of 2:02 PM, shares of Accent Microcell Limited gain by 0.28%, trading at ₹562 as the equity edges higher in live market action. The stock saw a total traded volume of 10,500 shares during the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.