<h1>Mangalam Worldwide Limited commissions 10.4 MW DC Solar Power Plant for Captive Consumption</h1>
Mangalam Worldwide Limited has successfully installed and commissioned a 10.4 MW DC Ground Mounted Solar Power Plant intended for the captive consumption of its Halol Unit located in Handod, Taluka Karjan, District Vadodara, Gujarat. The move underscores the company's dedication to sustainable business practices and enhancing its renewable energy generation capacity.
The solar power project is situated on land that has been secured via a long-term lease agreement spanning 25 years. The commissioning of the plant signifies a major step in Mangalam Worldwide Limited’s objective to achieve sustainability goals by reducing its operational carbon footprint and lowering energy costs.
This initiative demonstrates the company's commitment to enhancing energy independence. Through this move, Mangalam Worldwide is expected to contribute significantly towards national renewable energy targets while having a positive environmental and social impact through reduced carbon emissions and benefits for the local community.
MWL Stock Price Movement
Today, Mangalam Worldwide Limited shares rallied, settling at ₹37.05 after achieving a solid 0.68% gain. The stock saw a traded volume of 2,442,926 shares during the session, trading within a range of ₹36.4 to ₹39.3.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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