In Short : Rama Steel Tubes has invested in Onix Renewable’s 225 MW Kusum Solar Project, marking its foray into the renewable energy sector. The investment aligns with the company’s commitment to sustainability and energy efficiency. Through this partnership, Rama Steel aims to support clean energy initiatives while enhancing its ESG profile and reducing its carbon footprint.
In Detail : Rama Steel Tubes has announced its investment in Onix Renewable’s 225 MW Kusum Solar Project, marking a significant move into the renewable energy space. This strategic decision aligns with the company’s broader vision of contributing to India’s clean energy transition.
The Kusum Solar Project, under the government’s ambitious PM-KUSUM scheme, aims to promote solar power deployment in the agricultural sector. It focuses on providing farmers with solar-powered irrigation and reducing reliance on diesel-based solutions.
By investing in this project, Rama Steel Tubes seeks to integrate sustainability into its core operations. The initiative will help the company reduce its carbon footprint and support its long-term environmental, social, and governance (ESG) goals.
The partnership with Onix Renewables also offers financial benefits through cleaner energy usage and potential carbon credit earnings. This is expected to improve operational efficiency while supporting green manufacturing practices.
As energy-intensive industries look for ways to align with climate goals, Rama Steel’s move reflects a growing trend among manufacturers to invest in renewable energy infrastructure. The company’s proactive approach sets a positive example in the sector.
This investment marks a milestone for Rama Steel Tubes as it strengthens its commitment to sustainable development. It also reinforces the company’s role in supporting India’s vision of achieving net-zero emissions and a greener industrial future.
