Samvardhana Motherson International has commissioned its first ground-mounted captive solar power project in Uttar Pradesh via its subsidiary Onega Solar Private Limited. Located in Mahoba, the 15 MWp solar facility marks a significant milestone in the Group's clean energy transition strategy and industrial decarbonization efforts.

Developed as a group captive renewable energy project, the solar plant is expected to generate approximately ~23.4 GWh of renewable electricity annually. This initiative will reduce ~17000 MT of CO2 emissions each year, supplying clean energy to multiple Motherson manufacturing plants across the state. The project aims to improve long-term energy cost visibility and operational resilience.

The project was developed in partnership with ib vogt, a renewable energy development company, which supported the initiative through land acquisition, regulatory approvals, technical designing, and EPC execution. Laksh Vaaman Sehgal, Vice Chairman, Motherson Group, highlighted that the commissioning strengthens energy resilience and reduces the environmental footprint. Kunal Vohra, COO, Energy Business, Motherson Group, noted that the project establishes the foundation for scaling the renewable energy portfolio.

Motherson New Energy Limited (MNEL) continues to evaluate additional renewable energy opportunities across multiple Indian states as part of the group's long-term energy transition roadmap. This move aligns with the company's broader sustainability ambitions to increase renewable energy adoption and reduce carbon intensity across operations.

samvardhana motherson international recorded a notable block trade on the National Stock Exchange (NSE), with the transaction valued at ₹15.33 crores. The deal involved approximately 1,127,736 shares, executed at a price of ₹135.93 per share.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Key Highlights

• The block trade was executed on the NSE platform.
• Approximately 1,127,736 shares were transacted in the deal.
• The trade was conducted at a per-share price of ₹135.93.
• The aggregate transaction value stood at ₹15.33 crores.

Block trades are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in Samvardhana Motherson International reflects significant volume activity at the stated price level.