Ahmedabad, 28 June 2025: Exxaro Tiles Ltd has announced its in-principle resolution to set up a captive 15-MW solar power plant—an instant hit with all the interested parties from the corporate world, making India an important and up-and-coming player in the renewable energy arena. This power plant will churn out over 2.25 crore units of clean energy every year, saving the company nearly Rs 12 crore in electricity costs while cutting down on carbon emissions by more than 18,000 metric tonnes.

Strategically, this shift by Exxaro might be an indicator of the real thrust of India towards industrial decarbonization under its ambitious climate commitments. The company assures its energy future and contributes to national renewable energy goals through major shifts in its energy demands away from the conventional grid to clean, self-generated power.

Bharat Aghara, CEO, Exxaro Tiles Ltd, said, "This move marks a significant step in our journey towards sustainable manufacturing. The 15 MW solar plant not only supports our green goals but also creates a long-term cost advantage for our business."

The following are some benefits aligned with policy:

• Reduced Emissions: Over 18,000 metric tonnes of CO₂ annually, in line with India's updated Nationally Determined Contributions.
• Grid Relief: Captive generation lowers demand for grid power from fossil fuel-based sources.
• Government Support: Eligible for a plethora of incentives, subsidies, and tax benefits from both the state and central governments for renewable energy.
• Climate Leadership: Takes bigger strides with ESG to attract investments and financing in the green space.

Construction of the plant will begin in Q3 FY2025, and it is targeted to be commissioned within 12 months. The plant will come equipped with state-of-the-art trackers to ensure maximum solar generation efficiency and return on investment.

Such measures were identified by renewable energy policy experts as key to pushing distributed generation in India. Captive solar projects for high energy-use industries take pressure off the grid, reduce imports of fossil fuels, and maintain a more resilient decentralized power system.

Exxaro Tiles' investment makes for a unique case in the ceramic sector, with energy comprising a major battering ram on production cost, giving the company worthy recognition as a pioneer for its industry corridor's aggressive switch to solar, thus arming itself in the face of rising grid tariffs, carbon taxes, and any possible disruptions in supply.

As India hastens its energy transition, corporate leaders such as Exxaro are fast proving that large-scale renewable investments are not just for due diligence but also are profitable, which is an essential recipe for sustainable economic growth.

Disclaimer: This article is from the Brand Desk. User discretion is advised.