Exxaro Tiles sets up captive 5MW solar plant to meet sustainability goals, cut energy costs
Exxaro Tiles, based in Gujarat, has established a 5MW DC captive solar power project at its Talod manufacturing plant. This initiative aligns with global sustainability objectives and is projected to cut energy expenses by 30%, resulting in yearly...
With this, the company expects a 30 per cent reduction in energy costs at the facility, translating into total estimated annual savings of Rs 5.67 crore, Exxaro said in a statement.
"The solar project is a major step in aligning our business operations with global sustainability goals. It not only strengthens our cost-efficiency but also demonstrates our commitment to clean energy and environmental responsibility," Exxaro Tiles Managing Director Mukeshkumar B Patel said.
Exxaro Tiles manufactures vitrified and glazed tiles and has two plants in Gujarat with a combined annual production capacity of 132 lakh square meters.
The company has a pan-India presence and also exports its products to more than 15 countries, including the US and Canada.
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