Trident Group commissions 8.87 MWp solar power project at Budhni; stock zooms ~2%

27 Oct 2022 , 09:23 AM

Trident Group announced the completion of a new 8.87 MWp solar power project in Budhni, Madhya Pradesh, including the commissioning of both phases, which included a 5.48 MWp solar power plant (Phase I) and a 3.39 MWp solar power plant (Phase II), for captive use.

In order to contribute to a cleaner world, the Group intends to employ renewable and clean energy to reduce carbon emissions.

The power generated by this New Solar Power Project will be utilized captively at the Company's production facilities in Budhni, Madhya Pradesh, resulting in significant savings.

Trident Limited is a vertically integrated textile (yarn, bath, and bed linen) and paper (wheat straw-based) producer and one of India's leading companies in the home textile space.

At around 9.22 AM, Trident was trading at Rs35.95 up by 1.55% from its previous closing of Rs35.40 on the BSE. The scrip opened at Rs35.70 and touched intraday high and low of Rs36 and Rs35.70 respectively.

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