Mafatlal Industries’ 4 MWp Solar Power Plant Begins Generation at Nadiad Unit
Mafatlal Industries Ltd. has successfully commenced electricity generation from its newly established solar photovoltaic (PV) power plant, located at its Nadiad Unit. The commencement of operations signals a significant step in the company's commitment to sustainable manufacturing practices and operational efficiency.The facility is a 4 MWp (DC) ground-mounted solar PV power plant designed for captive consumption at the company's Nadiad location. The plant began generating electricity on July 19, 2026.
This renewable energy initiative is expected to bring substantial benefits across the manufacturing operations. By reducing ongoing energy costs—a core component of the company’s production expenses—the project aims to improve overall cost competitiveness. Furthermore, the integration of green energy generation contributes directly to environmental sustainability and a reduced carbon footprint for Mafatlal Industries Ltd.
MAFATIND Stock Price Movement
Today, shares of Mafatlal Industries Limited edged higher in the closing session, settling at ₹134.44 after gaining 1.42%. The stock traded within an intraday range spanning from a low of ₹131.35 to a high of ₹135.72, with 32,270 shares recorded in total volume.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.
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