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RAJIV GUPTA (SEBI RA)

22nd Apr 2025 · SEBI-Registered Analyst

New benchmark with Odisha's largest captive industrial solar plant - Jindal Stainless Ltd

Code BSE: 532508 NSE:

JSL
Jindal Stainless and AB Energia set new benchmark with Odisha's largest captive industrial solar plant The solar energy plant installed by Jindal Stainless at its Jajpur unit in partnership with AB Energia comprises a 7.324 MWp floating solar plant and a 23.02 MWp rooftop solar system. The state-of-theart plant is capable of generating approximately 44.3 million units (MU) of green energy annually, significantly reducing the Jajpur unit’s dependence on conventional grid electricity. This is equivalent to powering 12,000-15,000 households or cutting CO2 emissions by 32,208 metric tonnes annually. Managing Director, Jindal Stainless, Mr Abhyuday Jindal said, “At Jindal Stainless, we’re accelerating our progress towards achieving our Net Zero goals and investing in sustainable infrastructure through strategic partnerships. The commissioning of Odisha’s largest captive solar energy plant at our Jajpur facility is a major leap in this journey. We are redefining the future of stainless steel manufacturing in India by integrating innovative renewable energy solutions and staying accountable to global sustainability standards.”

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