Schwing Stetter installs 1MW solar power system at its manufacturing hub
POWER & RENEWABLE ENERGY

Schwing Stetter installs 1MW solar power system at its manufacturing hub

Schwing Stetter India, one of the country?s leading construction and concreting equipment manufacturers, has recently installed a 1MW solar power system in their Global manufacturing hub in Cheyyar. The facility was inaugurated by VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India.

Through this mode of energy production, the company aims to make the facility carbon neutral shortly- as the facility can generate 14 lakh kWh of electricity and fulfills 20% of its total annual power needs. With Schwing's global manufacturing hub having an enormous potential to manufacture 14,000 machines annually, this endeavour reflects Schwing?s commitment to sustainability. This initiative is also contributing to the Ministry of New and renewable energy plan of doubling the annual solar capacity by the end of 2026.

Commenting on Schwing?s commitment towards sustainability and energy conservation measures, VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India, ?Our operations are fuelled by a sense of obligation towards the environment and the government?s green energy goals. Schwing has reaffirmed its dedication to sustainability with green initiatives by building a renewable energy infrastructure onsite and by committing to further expand their reliance on green energy to power their operations. Our initiatives are majorly focused on carbon neutrality, energy transition, circularity, and eco-friendly operations.?

Last year, to celebrate Schwing?s 25th anniversary and to promote carbon neutrality, the company planted 2,50,000 saplings across the country.

Schwing Stetter India, one of the country?s leading construction and concreting equipment manufacturers, has recently installed a 1MW solar power system in their Global manufacturing hub in Cheyyar. The facility was inaugurated by VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India. Through this mode of energy production, the company aims to make the facility carbon neutral shortly- as the facility can generate 14 lakh kWh of electricity and fulfills 20% of its total annual power needs. With Schwing's global manufacturing hub having an enormous potential to manufacture 14,000 machines annually, this endeavour reflects Schwing?s commitment to sustainability. This initiative is also contributing to the Ministry of New and renewable energy plan of doubling the annual solar capacity by the end of 2026. Commenting on Schwing?s commitment towards sustainability and energy conservation measures, VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India, ?Our operations are fuelled by a sense of obligation towards the environment and the government?s green energy goals. Schwing has reaffirmed its dedication to sustainability with green initiatives by building a renewable energy infrastructure onsite and by committing to further expand their reliance on green energy to power their operations. Our initiatives are majorly focused on carbon neutrality, energy transition, circularity, and eco-friendly operations.? Last year, to celebrate Schwing?s 25th anniversary and to promote carbon neutrality, the company planted 2,50,000 saplings across the country.

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->