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Stove Kraft Board approves green energy project to install 4 MW of renewable energy

Stove Kraft Board approves green energy project to install 4 MW of renewable energy

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The project is scheduled to be commissioned by end of October, 2021.

Stove Kraft has informed that on 16th April 2021, the Board of Directors have, approved a green energy project to install 4 MW of renewable energy which is Hybrid and Roof top solar.

The Green Energy Project when fully commissioned will cater to about 80% of the power requirement to the Company and significantly bring down the power cost, as stated by the Company.

The project is scheduled to be commissioned by end of October, 2021.

On Sensex today, Stove Kraft was trading at Rs468.85 per piece down by Rs13.60 or 2.82%, at around 10:43 AM.

Previously, the trading was closed at Rs482.45 per piece on the BSE.

Source: indiainfoline
Anand Gupta Editor - EQ Int'l Media Network