ISMT to set up 70 MW solar plant for self-consumption

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ISMT Ltd, one of the largest integrated specialized seamless tube manufacturers in India, has announced its Board of Directors has approved the setting up of a 70 MW DC solar plant for captive consumption. The solar plant will be established in a phased manner with a total investment of up to INR 305 crore.

“This reinstates the company’s commitment towards clean energy, which will result in significant operational cost-savings for the company and will also help improve its green energy footprint,” stated ISMT.

ISMT is a diversified manufacturer of specialized seamless tubes, producing tubes in the range of 6 to 273 mm diameter. It also produces a wide range of alloy steels from 6 to 273 mm diameter.

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