Shree Pushkar Chemicals & Fertilisers Limited has officially announced the commissioning of a 10.00 MW DC solar plant located at Village Shirur, Umri Solar Park in Nanded, Maharashtra. Additionally, the company secured Open Access approval from the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) under the government’s “Open Access Working” scheme for self-captive consumption across Units 1, 2, 3, and 5, which brings the company’s total consolidated solar capacity to 20.6 MW DC.

This strategic clean energy milestone follows a series of operational developments from 2025 aimed at boosting self-sustainability and optimizing power costs. During 2025, the company actively advanced its capital expenditure initiatives, including expansions at Unit 5 and Unit 6, alongside scaling up its renewable energy footprint to support its manufacturing units. The management remains committed to reducing reliance on conventional power grids by leveraging captive solar energy solutions across its chemical and fertilizer manufacturing plants in Maharashtra.

Shree Pushkar Chemicals & Fertilisers Limited, established in 1993 and promoted by first-generation entrepreneurs Punit Makharia and Gautam Makharia, is an ISO-certified manufacturer operating in the domain of sustainable chemistry. The company’s diversified product portfolio spans special textile dyes, dye intermediates, acids, animal health and nutrition products, fertilizers, and captive power generation. Over the years, it has evolved into an integrated manufacturing powerhouse, emphasizing environmentally friendly production processes and circular economy standards.

During the financial quarters of 2025, the company demonstrated resilient financial performance backed by strong operational visibility and robust demand in both its fertilizer and chemical segments. Supported by internal accruals and healthy liquidity reserves, Shree Pushkar efficiently funded its ongoing capital expenditure programs in 2025 without overleveraging its balance sheet. While institutional holdings and prominent market participants frequently monitor the counter, the company continues to anchor its growth on robust domestic demand, import substitution trends, and capacity enhancements slated to drive long-term shareholder value.