Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
₹15.35 crore solar plant coming up in Rajkot.
Focused on clean energy and sustainability.
Net profit at ₹5.87 crore in H1 FY25.
Aditya Ultra Steel Ltd., a prominent manufacturer of rolled steel products under the 'Kamdhenu' brand, has announced plans to set up a 5 MW solar power plant at its facility in Jasdan, Rajkot, Gujarat. The project, with an estimated investment of ₹15.35 crore, aims to meet the company's energy requirements and enhance its sustainability initiatives.
Managing Director Sunny Sunil Singhi stated, "At Aditya Ultra Steel, we believe that innovation, quality, and sustainability are the pillars of our growth. This expansion represents a critical step in our journey towards becoming a global leader in the steel industry."
The company reported a net profit of ₹5.87 crore for the April-September period of FY2024-25, with revenue from operations standing at ₹312.39 crore.
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