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Jindal Stainless Commissions Odisha’s Largest Captive Solar Plant

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Jindal Stainless Limited ( (IN:JSL) ) has shared an announcement.

Jindal Stainless Limited, in collaboration with AB Energia Solutions Pvt. Ltd., has commissioned Odisha’s largest captive industrial solar plant at its Jajpur manufacturing unit. This solar plant, with a capacity of over 30 MWp, is a significant step towards reducing the facility’s reliance on conventional grid electricity and cutting CO2 emissions by 32,208 metric tonnes annually. The project features innovative installations, including a floating solar plant and a rooftop solar system, which together generate approximately 44.3 million units of green energy annually. This initiative aligns with Jindal Stainless’ commitment to achieving Net Zero goals and positions the company as a leader in integrating renewable energy solutions in the stainless steel manufacturing sector.

More about Jindal Stainless Limited

Jindal Stainless Limited is India’s largest stainless steel manufacturer, focusing on producing high-quality stainless steel products. The company is committed to sustainability and innovation in the steel industry.

YTD Price Performance: -18.09%

Average Trading Volume: 45,461

Current Market Cap: 469.2B INR

Learn more about JSL stock on TipRanks’ Stock Analysis page.

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