Exxaro Tiles sets up captive 5MW solar plant to meet sustainability goals cut energy costs

New Delhi, Jul 1 (PTI) Gujarat-based Exxaro Tiles on Tuesday said it has set up a captive 5MW DC solar power project at its Talod manufacturing facility in Sabarkantha district to align operations with global sustainability goals.
     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.

(This story has not been edited by THE WEEK and is auto-generated from PTI)