The Board of Directors of Sarda Metals & Alloys Ltd, a wholly owned subsidiary of Sarda Energy & Minerals , has approved a capital expenditure of ₹300 crore to fund significant infrastructure upgrades at its Vizianagaram plant. Announced on July 25, 2026, the investment is part of the company’s green initiative and focuses on installing a waste heat recovery power plant alongside an expansion of its mineral wool manufacturing facility.

This move signals a strategic push towards energy efficiency and capacity enhancement within the group’s industrial operations. By integrating waste heat recovery technology, the subsidiary aims to improve operational sustainability while scaling production capabilities for mineral wool products. The project will be executed at the company’s existing plant premises, leveraging current infrastructure to minimize additional land acquisition or logistical complexities.

Investment Details

The approved capital allocation is structured to address two primary operational enhancements simultaneously. The financial commitment reflects a dual focus on environmental compliance through green energy adoption and revenue growth through expanded manufacturing output.

The decision was formalized by the Board of Directors of Sarda Metals & Alloys Ltd and communicated to the Bombay Stock Exchange and the National Stock Exchange of India Ltd. The disclosure highlights the parent company’s ongoing commitment to sustainable industrial practices, aligning with broader market trends favoring energy-efficient manufacturing processes.

Strategic Implications

The approval of this ₹300 crore capex underscores a shift towards integrated energy solutions within the heavy industry sector. Waste heat recovery systems typically reduce dependency on external power sources, potentially lowering long-term operational costs. Simultaneously, expanding the mineral wool facility positions the subsidiary to meet growing demand for insulation materials, which are critical in construction and industrial applications.

This investment does not involve new equity issuance or debt raising as per the current disclosure; it represents an internal capital allocation decision by the subsidiary’s board. The execution of these projects will likely enhance the overall asset quality and operational resilience of the Sarda Energy & Minerals group.

Sarda Energy & Minerals has announced that its subsidiary, Madhya Bharat Power Corporation Ltd., has resumed power generation at the Sikkim Hydro Power Plant. The plant has been successfully synchronised with the grid, restoring its operational capacity and contribution to the power supply network.

Operational Update at Sikkim Hydro Power Plant

The resumption of power generation follows an earlier communication dated June 18, 2026. The successful synchronisation with the grid marks the return of the facility to full operational status.

The restart of operations at the Sikkim hydro power plant underscores Sarda Energy & Minerals' continued focus on maintaining and restoring its power generation portfolio. The development reflects the company's efforts to ensure operational stability across its power assets.