DCW Limited has successfully commissioned its 44.5 MW captive solar plant located in Tamil Nadu, marking a significant milestone in the company’s efforts to adopt renewable energy solutions. The plant, which has been developed under the Captive Power Scheme, is a joint initiative involving Kaze Renewables Private Limited and Cleantech Solar India OA 2 Pte. Ltd., following the Power Purchase Agreements (PPAs) and Share Subscription and Shareholders' Agreement (SSSHA) finalized earlier between the parties.

The commissioning of this solar power plant on April 3, 2025, is part of DCW Limited's strategy to increase its reliance on clean, sustainable energy sources, in line with global shifts towards renewable energy. The total capacity of the plant is 44.5 MWp, which will be ramped up gradually, enhancing the company’s ability to meet energy needs sustainably while reducing its environmental footprint.

This solar power plant is a key component of DCW Limited’s efforts to transition to renewable energy. The project will provide substantial long-term benefits, such as reducing dependency on conventional power sources and lowering operational costs associated with energy procurement. It will also contribute to the Indian government's focus on renewable energy development, supporting the country’s renewable energy targets.

The project has progressed as per the previous updates shared with the Stock Exchanges on November 6, 2023, December 5, 2023, and January 29, 2024, confirming the agreements with Kaze Renewables and Cleantech Solar. These agreements are part of the company’s strategy to enhance its sustainable energy infrastructure and to align with the Captive Power Scheme introduced to boost solar energy adoption across India.

The phased ramp-up of capacity allows for smooth integration into the energy grid while ensuring efficient operation. This development will not only aid DCW Limited in its own operations but also contribute to the clean energy ecosystem in Tamil Nadu and the broader Indian renewable energy market.

This solar power plant's commissioning is a major achievement for DCW Limited as it strengthens its commitment to renewable energy and bolsters its credentials in the green energy sector. By integrating clean energy solutions into its operational framework, DCW Limited is positioning itself as a key player in India's growing renewable energy space, which will likely create positive long-term economic and environmental impacts.

This update has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with regulatory guidelines for listed companies. DCW Limited continues to prioritize transparency in its operations and will keep stakeholders updated as the plant progresses and achieves its full operational potential.

For stakeholders and investors, this development underscores DCW Limited’s active role in renewable energy development, contributing to the company’s broader vision of sustainability and responsible energy consumption.

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