Milky Mist Dairy Food Commissions 10 MW Solar Plant, Boosting Renewable Capacity to 41 MW
Milky Mist Dairy Food commissioned a new 10 MW solar power plant at Arasanoor, increasing its total renewable energy capacity to 41 MW. The investment for the 25 MW solar capacity at Arasanoor is ₹109.60 crore. This move strengthens the company's energy self-sufficiency and sustainability goals.
The increased renewable energy capacity and investment in sustainability initiatives are significant steps for the company, contributing to long-term operational efficiency and reduced environmental impact.
The commissioning of a new solar power plant and increased renewable energy capacity is a positive development for the company's sustainability and operational efficiency goals.
Milky Mist Dairy Food Limited has announced the commissioning of its new 10 MW solar power plant at Arasanoor. This plant is in addition to the existing 15 MW solar plant at the same location. With this new capacity, the company's total renewable energy generation capacity has increased to approximately 41 MW across various locations, including 5 MW at Chithode, 9 MW at Kavilipalayam, and 25 MW at Arasanoor, along with 2 MW of wind power at Kayathar.
The total investment for the 25 MW solar capacity at Arasanoor now stands at approximately ₹109.60 crore. This expansion reinforces the company's commitment to energy self-sufficiency, efficiency, and the increased use of renewable energy sources as part of its broader sustainability initiatives.
The company has been investing in renewable energy since 2016, with a total investment of close to ₹197 crore for 41 MW of renewable energy generation plants. The new 25 MW facility is expected to generate about 2.0 million units of renewable electricity annually and reduce the company's dependence on conventional power, avoiding approximately 16,000 tonnes of carbon emissions annually. The company also highlighted its investments in steam turbine technology and a methane gas purification plant, further enhancing its sustainability efforts and aim for Power Neutrality.
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Milky Mist Dairy Food 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 Milky Mist Dairy Food Limited. Read the original for the full detail.