Scoda Tubes Ltd Secures Approval for Ground Mounted Solar Project
Scoda Tubes Ltd has received approval from the Gujarat Energy Development Agency (GEDA), a Government of Gujarat Organization, for setting up a Ground Mounted Solar Project for its captive consumption. The project is situated at Survey no. 295, Village- Mudana, Ta- Sidhpur, Dist.- Patan, under Consumer No. 20301, and falls under the Gujarat Integrated Renewable Energy Policy-2025.The approved capacity for the facility is specified as 3 MW (AC) or 3.8 MW (DC).
Project details, including the total estimated cost, average daily and yearly generation, and projected savings, are detailed below.
| Particulars | Details |
|---|---|
| Total estimated cost of the projects (Approx) | Rs. 13,69,74,420/- (Rupees Thirteen Crore Sixty-Nine Lacs Seventy- Four Thousand Forty Hundred Twenty Only) |
| Avg. Daily Generation (KWH) of electricity | 16340 (KWH) |
| Avg. Yearly Generation for 365 (KWH) | 5,964,100 (KWH) |
| Saving in Electricity Bill per day | Rs. 1,02,942 (Rupees One Lacs Two Thousand Nine Hundred Forty- Two Only) |
| Saving in Electricity Bill per year | Rs. 3,75,73,830/- (Rupees Three Core Seventy Five Lacs Seventy Three Thousand Eight Hundred Thirty Only) |
This solar initiative is part of the company's plans under the Gujarat Integrated Renewable Energy Policy-2025 for its captive generating plant.
SCODATUBES Stock Price Movement
Today, Scoda Tubes Limited shares edged higher to close at ₹138.43, posting a 2.33% gain for the session. The stock traded on a volume of 289,103 shares, finding support during the day between ₹136.9 and ₹142.5.Source:
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