Hatsun Agro Product has received approval from board of directors for entering into of agreements viz., Power Purchase agreement (with Swelect Renewable Energy), Shareholders’ Agreement, Share Purchase Agreement and other related Agreements with Swelect Energy Systems, Swelect Renewable Energy (Wholly Owned Subsidiary of Swelect Energy Systems) and other Captive Consumers for purchase of Solar Power under Captive User Model.
Hatsun Agro Product has already started Consuming the Solar Power from October 01, 2021 from the recently Commissioned Solar Power Plant by Swelect Sun Energy, which is expected to be around Rs 2.25 crore Units per annum resulting in a Cost Saving of about Rs 5.50 crore per annum. In addition to this, the Annual Solar Power consumption by Hatsun Agro Product from the above said proposal is expected to be around Rs 1.45 crore units. This Offtake of Solar Power by Hatsun Agro Product is expected to result in a Cost Saving of about Rs 3.00 crore annually. The Project is expected to be commissioned by the end of February, 2022.
Hatsun Agro Product, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.
