Winsome Textile Industries Restores Operations at 3.5 MW Hydro Power Unit After Disruption

1 min read     Updated on 20 Aug 2025, 11:21 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

Winsome Textile Industries has resumed operations at its 3.5 MW Small Hydro Power unit in Dharamshala, Himachal Pradesh, on August 19-20, 2025, following a recent disruption. The company is currently assessing the extent of physical and operational losses, with challenging weather conditions hampering a full site examination. An insurance surveyor has been deployed to evaluate damages. The financial impact is yet to be determined and will be communicated to stock exchanges once assessed. This information has been disclosed under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Winsome Textile Industries has successfully restored operations at its 3.5 MW Small Hydro Power (SHP) unit in Dharamshala, Himachal Pradesh, following a recent disruption. The company announced that the unit resumed functioning during the night of August 19-20, 2025.

Ongoing Assessment of Damages

The exact extent of physical and operational losses is still being determined. Challenging weather conditions have hampered efforts to conduct a comprehensive examination of the entire site layout. Winsome Textile Industries has stated that it will take some time to ascertain the full impact of the disruption.

Insurance Surveyor Deployed

In response to the incident, the company's insurance provider has dispatched a surveyor to assess both the physical and operational damages. This step is crucial in determining the financial implications of the disruption.

Financial Impact Yet to Be Determined

The company has assured stakeholders that it will communicate the precise financial impact to the stock exchanges once it has been thoroughly evaluated. This assessment will be based on the company's internal review as well as the findings of the insurance surveyors.

Company's Commitment to Transparency

In line with regulatory requirements, Winsome Textile Industries has promptly disclosed this information under Regulation 30 of SEBI (LODR) Regulations 2015. The company's proactive approach in keeping the market informed demonstrates its commitment to transparency and compliance.

About the Affected Unit

The affected 3.5 MW Small Hydro Power unit is located in Dharamshala, Himachal Pradesh. It is an important asset in Winsome Textile Industries' power generation portfolio, contributing to the company's operations in the region.

As the situation develops, investors and stakeholders are advised to stay tuned for further updates from the company regarding the final assessment of damages and any potential impact on its operations or financial performance.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-0.86%-15.99%-1.38%-22.12%+535.99%
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Winsome Textile Industries' Hydro Power Unit Halts Operations Due to Severe Floods in Himachal Pradesh

1 min read     Updated on 13 Aug 2025, 12:38 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

Winsome Textile Industries Limited's 3.5 MW Small Hydro Power unit in Dharamshala has ceased operations due to heavy rains and flash floods in Himachal Pradesh. Power generation has completely stopped, and the company is unable to estimate when operations will resume or assess the full extent of losses. Winsome plans to file a loss of profit claim under its Business Interruption Insurance Policy. The company has made an official disclosure to BSE Limited under SEBI regulations, highlighting the operational impact and uncertainty surrounding the resumption of activities.

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*this image is generated using AI for illustrative purposes only.

Winsome Textile Industries Limited , a prominent player in the textile sector, has reported a significant disruption to its operations due to severe weather conditions in Himachal Pradesh. The company's 3.5 MW Small Hydro Power (SHP) unit in Dharamshala has ceased operations following heavy rains and flash floods in the region.

Operational Impact

The company disclosed that power generation at the facility has come to a complete halt. The extent of the disruption is severe, with Winsome Textile Industries unable to provide an estimate of when operations might resume. The company is also facing challenges in assessing the full scope of physical and operational losses incurred due to this natural calamity.

Insurance Coverage

In a proactive measure, Winsome Textile Industries had secured a Business Interruption Insurance Policy. The company has announced its intention to file a loss of profit claim with its insurance provider to mitigate the financial impact of this unforeseen event.

Official Disclosure

In compliance with regulatory requirements, Winsome Textile Industries Limited has made an official disclosure to the BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015. The disclosure, signed by Company Secretary & Compliance Officer Videshwar Sharma, states:

"Due to incessant heavy rains and flash floods in State of Himachal Pradesh, the operations at 3.5 MW Small Hydro Power (SHP) unit of the Company located in 'Dharamshala' Himachal Pradesh has been affected severely. As a result there is no power generation and it may take time to make the said SHP operational."

Uncertainty and Future Outlook

The company has emphasized the difficulty in ascertaining the estimated loss, both physical and operational, at this time. The timeline for restarting operations remains uncertain, adding to the challenges faced by Winsome Textile Industries in the wake of this natural disaster.

This event highlights the vulnerability of infrastructure to extreme weather events and underscores the importance of robust risk management strategies in the industrial sector. Stakeholders will be keenly watching for updates on the resumption of operations and the potential financial implications for Winsome Textile Industries Limited.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-0.86%-15.99%-1.38%-22.12%+535.99%
Winsome Textile Industries
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