Viraj Profiles Pvt. Ltd. partners with Avaada Energy Pvt Ltd.to install a 100MW captive solar power plant

Viraj Profiles, along with Avaada Energy, shall set up a Special Purpose Vehicle (SPV) to build a 100 MW captive solar plant. This project is expected to be commissioned by February 2024 and aims to generate about 207 MUs of energy per year, which will offset approximately 182 million kilos of CO2 annually. The power generated will be used for captive consumption by Viraj Profile Limited’s Tarapur Plant, whose power dependability on non-renewable resources will be reduced by 50%.

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Mr Neeraj Kochhar, CMD, said, “We are glad to associate with Avaada Energy Pvt Ltd. Our alliance will work as a catalyst in the process of achieving our sustainability goals towards creating a carbon-neutral environment for the future generation. Viraj is the First Stainless Steel Long products manufacturing company in India which is going to use Solar Energy for running its manufacturing plants and operations. This Solar Power project is going to supply 50% of our total monthly electricity requirement.”

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