Production Started Automobiles & Auto Components NSE: MOTHERSON ·

Samvardhana Motherson Commissions 15 MWp Captive Solar Project in Uttar Pradesh

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Samvardhana Motherson Commissions 15 MWp Captive Solar Project in Uttar Pradesh

Samvardhana Motherson International Ltd (517334) — Production Started · MOTHERSON

Solar Capacity

15 MWp

Captive Project

Market Cap

₹1,48,976 Cr

Large Cap

Annual Generation

23.4 GWh

Projected Output

RSI (Day)

64.38

Neutral Zone

! Key Highlights

  • 15 MWp captive solar project commissioned in Mahoba, Uttar Pradesh
  • Estimated annual generation of approximately 23.4 GWh of clean electricity
  • Reduction of carbon footprint by roughly 17,000 MT of CO2 emissions annually
  • Developed in partnership with international renewable energy developer ib vogt
  • Supplies renewable energy to multiple Motherson manufacturing plants in the region

Samvardhana Motherson International Limited has commissioned its first ground-mounted captive solar project in Mahoba, Uttar Pradesh. Operated through its subsidiary Motherson New Energy Limited, the 15 MWp facility is designed to supply renewable power to multiple manufacturing units across the state.

Production Commenced — What It Means

Samvardhana Motherson International Limited, through its energy arm Motherson New Energy Limited (MNEL), has operationalised its first ground-mounted captive solar project. Located in Mahoba, Uttar Pradesh, the 15 MWp facility is managed via its subsidiary, Onega Solar Private Limited. This milestone marks a transition from development to active power generation, specifically aimed at supplying clean energy to the company’s network of manufacturing plants within the state.

The project was executed in partnership with ib vogt, which supported land acquisition, regulatory approvals, and technical execution.

Operational and Environmental Impact

  • The plant is projected to produce nearly 23.4 GWh of renewable electricity every year
  • Offsets approximately 17,000 MT of CO2 emissions annually for industrial operations
  • Enhances long-term energy cost visibility and provides a hedge against tariff volatility
  • Strengthens energy resilience for manufacturing facilities located across Uttar Pradesh
  • Establishes a foundation for scaling the company's renewable energy portfolio further

Sustainability Milestones

The commissioning of our first captive solar project in Uttar Pradesh is an important milestone in strengthening our energy resilience while reducing our environmental footprint. This initiative reflects our commitment to building future-ready operations through responsible and sustainable growth.

— Laksh Vaaman Sehgal, Vice Chairman, Motherson Group

Business Overview

Samvardhana Motherson is a global specialist in Design, Engineering, Manufacturing, Assembly, and Logistics (D.E.M.A.L.) for the automotive industry. Established in 1986, the company supports leading automobile manufacturers worldwide through a network of over 425 facilities across 47 countries. Beyond its core automotive sector, the group has diversified into technology, health, medical, aerospace, and logistics.

It currently stands as India’s largest auto ancillary player and is ranked among the top 15 automotive suppliers globally, with a TTM revenue exceeding ₹1,26,103 crore.

Sector Tailwinds

The Indian automotive components sector is witnessing a rapid shift toward decarbonization as global OEMs increasingly demand greener supply chains. Adopting renewable energy via group captive models has become a commercial necessity for maintaining industrial competitiveness and meeting ESG standards. This trend is reinforced by the growing availability of technical partnerships with international renewable energy developers, facilitating the transition from traditional grid dependence to self-sustaining green energy ecosystems for large-scale manufacturers like Motherson.

Samvardhana Motherson International Ltd (517334) — Financial Snapshot

BSE: 517334 · NSE: MOTHERSON · Automobiles & Auto Components

Current Market Price ₹141.15 per share
Market Capitalisation ₹1.49L Cr BSE Listed
Revenue (Annual) ₹1.26L Cr Operating
Net Profit (Annual) ₹3,859.68 Cr Consolidated
P/E Ratio (TTM) 38.6× Sector: 31.34×
Promoter Holding 48.6% 0.00% QoQ
FII Holding 12.45% Current Qtr

"Sustainability is embedded into how we think about long-term value creation at Motherson. The commissioning of our first captive solar project in Uttar Pradesh is an important milestone in strengthening our energy resilience while reducing our environmental footprint."

— Laksh Vaaman Sehgal, Vice Chairman, Motherson Group

"Reliable access to competitively priced renewable power is becoming increasingly important for global manufacturing operations. This project establishes the foundation for scaling Motherson’s renewable energy portfolio while supporting operational resilience, sustainability goals and long-term energy competitiveness."

— Kunal Vohra, COO, Energy Business, Motherson Group

Source Verified

Exchange filing by Samvardhana Motherson International Limited announcing the commissioning of its first captive solar project in Uttar Pradesh. Financial metrics from Trendlyne.

View Filing