ADF Foods to install 950 KWp Solar Plant at Surat Facility, targeting 46% energy needs
ADF Foods will install a 950 KWp rooftop solar plant at its Surat facility under a CAPEX model. The plant, commissioned by end of 2026, aims to meet 46% of the facility's energy needs. This expands the company's renewable energy focus following a prior agreement for its Nadiad facility.
The installation of a solar plant is a significant step towards sustainability and cost reduction, impacting operational efficiency and ESG profile, but it does not immediately reflect a major change in revenue or profit.
The company is investing in renewable energy and on-site power generation, which is environmentally positive and expected to lower electricity costs.
ADF Foods Limited has signed an EPC contract with CleanMax Enviro Energy Solutions Limited to install a 950 KWp rooftop solar power plant at its manufacturing facility in Surat, Gujarat. This plant, to be owned by ADF under the CAPEX model, is expected to meet approximately 46% of the Surat facility's energy requirements through on-site renewable power generation. The commissioning of this solar plant is targeted by the end of 2026.
This initiative follows ADF Foods' earlier signing of a 2 MW hybrid wind and solar power purchase agreement for its Nadiad facility. Mr. Bimal Thakkar, Chairman and Managing Director and CEO, stated that this investment in owned solar capacity at Surat aligns with the company's commitment to operational efficiency and reducing its carbon footprint, contributing to India's net-zero emissions goal.
The project is part of ADF Foods' broader ESG initiatives focused on renewable energy adoption and responsible manufacturing. ADF Foods is a global player in the packaged ethnic food industry, offering frozen foods, ready-to-eat, and ready-to-cook products under five prominent brands, available in over 60 countries.
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ADF Foods Limited filed this with the NSE as a statutory disclosure, categorised under capex. 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 ADF Foods Limited. Read the original for the full detail.