Apollo Pipes Ltd.

BSE: 531761 | NSE: APOLLOPIPE
Small Cap | Plastic Products
485.90
7.70 (1.61%)
< Home < Back

Apollo Pipes completes installation of rooftop solar plant at UP manufacturing facility

Date: 13-04-2018

Apollo Pipes (APL) has completed the installation of a rooftop solar plant at its manufacturing facility at Dadri, Uttar Pradesh (UP), with a total capacity of 1.2 MW. The company currently operates 2 manufacturing facilities at Dadri, UP and Ahmedabad, Gujarat and will be commissioning another manufacturing line in Bangalore by March 2019.

With a strong focus on environment friendly solutions and impetus on corporate social responsibility, the company in due course will also evaluate opportunities to install rooftop solar plants at its other existing and upcoming facilities in Ahmedabad and Bengaluru, respectively.

Further, the solar power installation reinstates APL’s commitment towards building a clean energy plant, which will not only result in significant operational cost-savings for the company, but will also help improve the green energy footprint.

Apollo Pipes, formally known as Amulya Leasing and Finance, is a Delhi based company and in engaged in the business of financing, and sale and purchase of shares in India.