New Delhi: Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metalics and Energy Limited, today announced the commissioning of an 8.90 MWp Solar Power Project at its manufacturing plant located in Jamuria, West Bengal.
This milestone represents a significant step forward in the group’s ongoing initiatives to transition toward greener energy sources and reduce its environmental footprint across operational facilities.
Key Highlights of the Project:
Total Installed Capacity: 8.90 MWp
Execution Breakdown:
CAPEX Model: 4.60 MWp
OPEX Model: 4.30 Map
Primary objective of this project is captive consumption to optimize operational power costs and support green energy integration.
Brij Bhushan Agarwal, Chairman & Managing Director, Shyam Metalics and Energy Limited, said,”The commissioning of the 8.90 MWp solar power capacity at Jamuria underscores our steadfast commitment to sustainable manufacturing and clean energy transition. By adopting a blended strategy of both CAPEX and OPEX models, we are effectively balancing capital efficiency with long-term cost optimization while reducing our carbon emissions.”
Shyam Metalics is a leading and fastest-growing integrated metal-producing company based in India primarily in the steel industry in West Bengal, Odisha, Jharkhand, and Madhya Pradesh with a focus on Long & Flat Steel Products, Ferro Alloys, Aluminium, and Stainless Steel.
