India's Shyam Metalics and Energy limited (SMEL) has commissioned an 8.90 megawatt (MW) peak solar power plant at its Jamuria steel plant in the eastern state of West Bengal, the company said in a statement on Tuesday, July 28.
The installation, developed by subsidiary Shyam Sel and Power limited, aims to optimize operating costs of electricity and supporting the company's transition to cleaner energy sources, the company said.
The 8.90 MW plant is for self-consumption, directly integrating renewable energy into the group's production operations.
SMEL's product range also includes iron ore pellets, rebar, structural steel, ferroalloys and aluminum foil.
Ajoy Das EditorI am a graduate of Calcutta University in Economics and have three years of experience reporting for leading print publications covering key industries such as metals and steel, energy (fossil and chemical), chemicals. petrochemical and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis, covering the Indian steel industry, covering pricing and trading trends across the value chain, capacity creation and utilization, corporate developments, government policy frameworks and industry news.
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