Press Release

Shyam Sel and Power Limited Commissions 8.90 MWp Captive Solar Power Project at Jamuria

Expands renewable energy portfolio with a combination of 4.60 MWp CAPEX and 4.30 MWp OPEX models.
pv magazine

Expands renewable energy portfolio with a combination of 4.60 MWp CAPEX and 4.30 MWp OPEX models.

New Delhi, India — July 28, 2026 — Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metalics and Energy Limited, today announced the successful commissioning of an 8.90 MWp Solar Power Project at its manufacturing plant located in Jamuria, West Bengal.

This milestone represents a significant step forward in the group’s ongoing initiatives to transition toward greener energy sources and reduce its environmental footprint across operational facilities.

Key Highlights of the Project:

  • Total Installed Capacity: 8.90 MWp
  • Execution Breakdown:
    • CAPEX Model: 4.60 MWp
    • OPEX Model: 4.30 MWp
  • Location: Jamuria, West Bengal
  • Primary Objective: Captive consumption to optimize operational power costs and support green energy integration.

Mr. Brij Bhushan Agarwal, Chairman & Managing Director, Shyam Metalics and Energy Limited, said: “The commissioning of the 8.90 MWp solar power capacity at Jamuria underscores our steadfast commitment to sustainable manufacturing and clean energy transition. By adopting a blended strategy of both CAPEX and OPEX models, we are effectively balancing capital efficiency with long-term cost optimization while reducing our carbon emissions.”

About Shyam Metalics and Energy Limited

Shyam Metalics is a leading and fastest-growing integrated metal-producing company based in India primarily in the steel industry in West Bengal, Odisha, Jharkhand, and Madhya Pradesh with a focus on Long & Flat Steel Products, Ferro Alloys, Aluminium, and Stainless Steel. The company got listed itself on the exchanges in 2021 and possesses a market capitalization of more than ₹ 28,500 Cr. Headquartered in Kolkata, West Bengal, the company is amongst the largest producers of ferro alloys in terms of installed capacity in India.

The company has an aggregate installed metal capacity of 16.93 MTPA across the steel value chain and is supported by a 467 MW aggregated installed capacity of captive power plants.