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Aether Industries plans to become more sustainable by commissioning a 15 MW solar power project (Auto-Tracker Modules) in Gujarat's Bharuch district under the Captive Power Producer (CPP) category. Aether Industries previously implemented a 16 MW solar power project (Fixed Modules) under the CPP segment. According to a regulatory filing from the firm, this new solar power plant under the CPP will increase its renewable energy sources and further advance towards sustainability.
The 60-acre solar power farm will be located in the Bharuch District of Gujarat. The solar power plant's phased commissioning is scheduled to commence in April of the following fiscal year. However, the company did not mention the capex for the project.
"As an enterprise, we are very cognizant of the elements that sustain life. This is why we are also part of UN Global Compact Network India to practice and promote sustainable manufacturing. Therefore, our decision to commission a fairly large solar park is in-line with that guiding philosophy. We will continue to explore ways to make Aether Industries a benchmark in sustainability within the chemicals industry in the country," Aether Industries promoter and whole time director Rohan Desai said.
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