This Triple-Digit PE Small-Cap Company Commences Power Generation From 1 MW Captive Solar Project; Check Details

This Triple-Digit PE Small-Cap Company Commences Power Generation From 1 MW Captive Solar Project; Check Details

Rhetan TMT has successfully commissioned its 1 MW AC captive ground-mounted solar power project at its manufacturing facility in Kadi, Gujarat, marking the transition from project implementation to commercial operations

Key Takeaways

On Wednesday, Indian equity benchmark indices traded lower, with the Nifty 50 declining 76.60 points, or 0.32 per cent, to 24,078.30. Amid the market movement, Rhetan TMT shares were trading at Rs 21.62, up Rs 0.19 or 0.89 per cent. The company announced that power generation from its 1 MW AC captive ground-mounted Solar power project has commenced successfully.

1 MW Captive Solar Project Becomes Operational

Rhetan TMT informed the stock exchanges on August 19, 2026, that its 1 MW AC captive ground-mounted solar power project has successfully commenced power generation. The company said the project has completed the required statutory approvals, infrastructure development, installation, testing and commissioning activities.

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The solar project is now operational and generating power for captive consumption at the company's manufacturing facility located at Kadi, Gujarat. The commencement of generation marks the transition of the project from the implementation and commissioning stage to actual operations.

Focus on Renewable Energy and Manufacturing Infrastructure

According to the company, the captive solar project is expected to support the energy requirements of its manufacturing facility and contribute to the integration of renewable energy into its manufacturing operations. Rhetan TMT stated that the successful operationalisation of the project reflects its continued focus on strengthening manufacturing infrastructure and adopting sustainable energy solutions as part of its long-term business strategy.
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About Rhetan TMT Ltd

Rhetan TMT Limited is an Ahmedabad, Gujarat-based company engaged in the manufacturing of TMT bars and other iron and steel products. The company operates a manufacturing facility in Kadi, Gujarat, and its products are primarily used in the Construction and infrastructure sectors. The company was incorporated in 1984 and is promoted by Shalin A. Shah and Ashok C. Shah. Rhetan TMT has also been focusing on strengthening its manufacturing infrastructure, with the newly operational 1 MW captive solar power project at its Kadi facility supporting its energy requirements.

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Disclaimer: The article is for informational purposes only and not investment advice.