Aether Industries Ltd provides an update on the use of renewable energy resources

Aether Industries Limited, is committed to a sustainable and clean future for future generations to come. Thus, the company had planned to switch to renewable energies by moving towards solar energy (to meet electricity needs) via the 16 MW “Solar Captive Power Project”.

The same has already been charged with respect to the CEIG load approval received from the Chief Government Electrical Inspector dated July 7, 2022. In addition, approval from the relevant authority for the generation of electricity is now received.

For this, the EPC developer we chose was M/s. KPI Green Energy Limited. The factory is located in Sarod village of Bharuch district in Gujarat, India.

Currently, both manufacturing facilities (Site I and Site II) will benefit from the solar energy project and the manufacturing facility (Site III) will begin to benefit from the first day of its establishment.

Shares of Aether Industries Limited last traded on the BSE at Rs. 961.50 from the previous close of Rs. 915.10. The total number of shares traded during the day was 31,534 in over 5,092 trades.

The stock hit an intraday high of Rs. 987.45 and intraday low of 930.00. Net turnover during the day was Rs. 30420723.00.

Source: Stock market bulls

Key words

Specialty chemicals