Precision Camshafts Commissions 14 MWp Captive Solar Plant in Solapur
Precision Camshafts has commissioned a new 14 MWp captive solar power plant at its Mangalwedha, Solapur manufacturing facility. This addition expands the company's total solar capacity to 29 MWp, doubling the existing 15 MWp capacity. The plant aims to reduce electricity costs, support sustainable energy production, lower carbon footprint, and enhance energy independence for the company's operations. The commissioning was announced through a regulatory disclosure under SEBI regulations.

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Precision Camshafts has officially commissioned a new 14 MWp captive solar power plant at its manufacturing facility in Mangalwedha, Solapur. The company announced this development through a regulatory disclosure, marking a significant milestone in its renewable energy expansion strategy.
Solar Capacity Enhancement
The newly commissioned facility represents a substantial expansion of the company's existing renewable energy infrastructure. The commissioning details and capacity enhancement are presented below:
| Parameter | Details |
|---|---|
| New Solar Capacity | 14 MWp |
| Plant Type | Captive Solar Power Plant |
| Location | Mangalwedha, Solapur |
| Existing Capacity | 15 MWp |
| Total Aggregate Capacity | 29 MWp |
This commissioning forms part of the expansion of the company's existing 15 MWp captive solar power facility at the same location, effectively doubling the renewable energy capacity at the Mangalwedha site.
Strategic Benefits and Impact
The captive solar power plant is designed to deliver multiple operational and environmental advantages for Precision Camshafts. The key benefits of this renewable energy initiative include:
- Cost Optimization: Expected reduction in electricity costs for production activities
- Green Energy Generation: Support for sustainable energy production and consumption
- Carbon Footprint Reduction: Contribution to lowering the company's overall environmental impact
- Energy Security: Enhanced energy independence through captive power generation
The facility will directly support the company's manufacturing operations while aligning with industry trends toward sustainable production practices in the auto ancillaries sector.
Regulatory Compliance and Disclosure
Precision Camshafts announced the commissioning through a formal disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made this information available on its official website, ensuring transparency with stakeholders and regulatory compliance. This systematic approach to disclosure reflects the company's commitment to maintaining proper corporate governance standards while pursuing its sustainability objectives.
The commissioning of this 14 MWp captive solar power plant expands Precision Camshafts' total solar capacity to 29 MWp. This significant increase in renewable energy capacity is expected to help the company reduce its electricity costs and carbon emissions, further solidifying its commitment to sustainable manufacturing practices.
Historical Stock Returns for Precision Camshafts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +12.30% | +7.22% | -10.32% | -14.48% | -52.86% | +298.05% |





































