Dredging Corporation of India Limited (DREDGECORP) — Announcement | 7 May 2026

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📢 Key Event
DCIL commissions 150 kW solar plant to cut energy costs and emissions

🔄 What Changed
First solar project under PM Surya Ghar Yojana; reduces grid power dependence

🔮 What's Next
DCIL will pursue similar sustainability initiatives

💡 Investor Takeaway
This project improves profitability through lower energy costs and enhances ESG credentials, supporting long-term financial resilience.

Dredging Corporation of India Limited announced the commissioning of a 150 kW solar rooftop plant at its Visakhapatnam headquarters, reducing monthly power costs by nearly [amount context mismatch] lakhs and annual expenses by ₹30 lakhs while cutting 220-240 tonnes of CO2 emissions yearly. The project, implemented under PM Surya Ghar Yojana with NTPC Vidyut Vyapar Nigam as partner, supports national renewable energy goals and operational sustainability.

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About Dredging Corporation of India Limited (DREDGECORP)

Services · Engineering Services · Listed on NSE

Market Cap: ₹2,432.78 Cr

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