Shri Hare-Krishna Sponge Iron Limited Commences 3 MW Waste Heat Recovery Power Plant; Biomass Project Underway
Shri Hare-Krishna Sponge Iron Limited has commenced operations of a new 3 Megawatt (MW) Waste Heat Recovery Captive Power Plant at its manufacturing facility. This operational milestone represents a significant step toward enhancing energy efficiency, optimizing costs, and achieving sustainable operations through the utilization of waste heat generated during the production process.The successful commissioning of the waste heat recovery plant underscores the company’s commitment to environmentally conscious and cost-effective industrial practices.
In addition to the commenced operation, Shri Hare-Krishna Sponge Iron Limited confirmed that its 2 MW Biomass Captive Power Plant project is currently under implementation. The progress on this biomass project is tracking as scheduled, and the power plant is anticipated to begin operations in July 2026.
SHKSIL Stock Price Movement
Shri Hare-Krishna Sponge Iron Limited shares settled today at ₹38 after post-market trading, remaining completely flat with zero percentage change from the previous close. The equity closed without registering any intraday movement.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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