Aastha Spintex receives GEDA registration for 1.35 MW solar project at Falcon Yarns
Aastha Spintex Limited announced its subsidiary Falcon Yarns received GEDA registration for a 1.35 MW DC rooftop solar PV project. Execution is underway with 70% MMS marking and 40% MMS installation complete as of September 16, 2026. The project is registered under the Gujarat Integrated Renewable Energy Policy - 2025.
The solar project represents a capital expenditure (CAPEX) and aims to improve energy cost efficiency. While positive, its direct financial impact is not immediate and depends on future commissioning and operational performance.
The announcement details significant progress on a solar power project, including GEDA registration and active on-site execution, which is positive for the company's operational efficiency and sustainability goals.
Aastha Spintex Limited has announced a voluntary business update regarding the 1.35 MW DC rooftop solar PV project being implemented at the manufacturing premises of Falcon Yarns Private Limited, whose acquisition by Aastha Spintex was previously disclosed.
Falcon Yarns has received registration from the Gujarat Energy Development Agency (GEDA) for a rooftop solar PV system with a 1,000 kW AC capacity and 1,350 kW DC capacity (1.35 MW DC). This registration, dated 16 September 2026, was issued under the Gujarat Integrated Renewable Energy Policy - 2025 for the industrial/commercial category at its Bharudi, Gondal facility in Rajkot district, Gujarat.
The project has now entered the on-site execution phase. As of the Daily Progress Report (DPR) dated 16 September 2026, 13 personnel were deployed, with Module Mounting Structure (MMS) marking work approximately 70% complete and MMS installation work approximately 40% complete. The company has provided detailed project notes, photographic progress updates, and a copy of the GEDA registration letter as annexures. The generated electricity is intended for Falcon's own use under a CAPEX model, aiming to enhance energy-cost efficiency and sustainability.
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Aastha Spintex Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Aastha Spintex Limited. Read the original for the full detail.