Vaswani Industries billet expansion and solar power projects update August 2025
Noor Mohmmed
27/Aug/2025

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Vaswani Industries expands billet manufacturing capacity to 1.5 lakh MT per annum with trial runs ongoing and CTO approval awaited.
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Company advances three solar projects in Chhattisgarh totaling 66.50 MWp capacity with completion expected by November–December 2025.
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Updates filed with NSE and BSE highlight capacity growth, renewable energy progress, and compliance with SEBI regulations.
Vaswani Industries Limited has made significant announcements on capacity expansion and renewable energy projects, reflecting its long-term strategy of sustainable growth and diversification. The company filed an update with both BSE and NSE on 27th August 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to keep its stakeholders informed about these developments.
Billet Capacity Expansion
One of the most notable milestones for Vaswani Industries is the expansion of its billet manufacturing capacity. Earlier, the company had a production capacity of 66,000 MT per annum, but after the recent expansion completed in June 2025, the capacity has now increased to 1,50,000 MT per annum.
The company has already initiated trial runs for the expanded unit, ensuring that operations are stabilised before full-scale production begins. However, the company cannot start commercial production until it receives the Consent to Operate (CTO) from the Pollution Control Department. Once the approval is received, commercial operations will commence, and Vaswani Industries has assured the stock exchanges that it will duly inform them when this happens.
This expansion is expected to significantly enhance the company’s production efficiency, revenue potential, and market presence in the steel industry. By more than doubling billet capacity, Vaswani Industries is preparing itself for future demand growth and strengthening its competitiveness.
Renewable Energy Projects
In addition to steel, Vaswani Industries is also making strategic moves in the renewable energy sector. The company is working on multiple solar power projects in Chhattisgarh, which together will add up to 66.50 MWp of capacity. These projects highlight the company’s commitment to sustainability and reducing dependence on non-renewable energy.
1. 16.25 MWp Gandai (Chhattisgarh)
The solar project at Gandai is already operational, contributing to the company’s green energy portfolio. This operational project is proof of Vaswani Industries’ ability to execute renewable energy ventures successfully.
2. 13.75 MWp Mohbhatta, District Bemetara (Chhattisgarh)
This project has faced some delays due to heavy rainfall in July 2025, which affected both site conditions and logistics. Despite these challenges, structure work has been completed, and module installation is currently underway. The company expects this project to become operational by the end of November 2025.
3. 36.25 MWp Mohbhatta, District Bemetara (Chhattisgarh)
This is the largest among the three projects and involves a capacity of 36.25 MWp. Significant progress has been made here as well, with land acquisition completed and structure work finalised. Moreover, bank finance has already been secured from Union Bank of India, ensuring smooth funding for the project. The module installation process has commenced, and the project is expected to be operational between November and December 2025.
Impact on Stakeholders
These developments are crucial for investors, analysts, and other stakeholders of Vaswani Industries. The billet capacity expansion indicates that the company is scaling up its operations to cater to rising market demand. On the other hand, the renewable energy projects reflect the company’s commitment to sustainability and diversification beyond core steel operations.
The projects also align with India’s broader energy transition goals, which aim at expanding renewable energy capacity to reduce carbon emissions and reliance on fossil fuels. By investing in solar power, Vaswani Industries is not just creating a new revenue stream but also enhancing its corporate social responsibility (CSR) credentials.
Compliance and Transparency
The company’s timely disclosure under SEBI regulations reinforces its commitment to corporate governance and transparency. By keeping both BSE and NSE informed about project status, Vaswani Industries ensures that its stakeholders have accurate and updated information to make investment decisions.
Strategic Outlook
Looking ahead, Vaswani Industries is expected to benefit from both capacity expansion and renewable energy diversification. The steel sector in India is witnessing steady demand growth, driven by infrastructure, housing, and industrial development. With enhanced billet capacity, the company is better positioned to cater to this rising demand.
Simultaneously, the renewable energy sector offers long-term growth prospects, with government support, policy incentives, and rising global focus on green energy. Vaswani Industries’ investment in solar projects ensures it remains aligned with these trends while contributing to the country’s sustainable energy future.
Conclusion
Vaswani Industries’ recent updates on billet expansion and solar projects are a strong signal of the company’s growth mindset and sustainability focus. The expansion to 1,50,000 MT billet capacity will significantly boost its steel production, while the 66.50 MWp solar projects across Chhattisgarh highlight its diversification strategy.
For investors and stakeholders, these developments bring promising opportunities, as the company not only increases capacity but also aligns itself with India’s renewable energy ambitions. With upcoming project completions expected by November–December 2025, Vaswani Industries is poised for a new phase of growth that combines industrial strength with environmental responsibility.
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