NSEPress Release2d ago · 17 Aug 2026, 07:59 pm
Press Release
Venus Pipes & Tubes Limited · VENUSPIPES
✦ AI Summary▲ PositiveExpansion
Venus Pipes & Tubes Limited has announced the commencement of its additional 6.1 MW DC solar power unit, which is expected to generate annual power cost savings of approximately Rs. 6 crores and reduce the company's dependence on conventional power sources.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Venus Pipes & Tubes Limited has informed the Exchange regarding a press release dated August 17, 2026, titled "Press Release".
Attachments (1)
📄pdf
Download →
VENUSPIPES_17082026195923_PreseRelease_Solar_plant_commencement.pdf
View document text
Date: August 17,2026
Listing Department Department of Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, G Block, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (East), Mumbai – 400 051 Mumbai – 400 001
Symbol: VENUSPIPES ISIN- INE0JA001018 Scrip Code: 543528
Sub: Press /Media Release
Dear Sir/Madam,
Please find enclosed herewith a copy of the press/media release being issued by the Company
for your information and record.
This is for your kind information and record.
Thanking You,
For Venus Pipes & Tubes Limited
CS Pavan Kumar Jain
Company Secretary and Compliance Officer
Membership No. A66752
Venus Pipes & Tubes Limited
Commencement of Additional 6.1 MW DC Solar Power Unit
Dhaneti, Gujarat - 17th August 2026 : Venus Pipes & Tubes Ltd, one of the leading stainless-
steel pipes / tubes manufacturers and exporters along with fittings in India announced
commencement of its additional 6.1 MW DC solar power unit, further strengthening its focus
on renewable energy and cost efficiency.
The company has invested approximately Rs. 22 crores in the new solar power unit, which is
expected to generate annual power cost savings of approximately Rs. 6 crores. With the
commissioning of this additional capacity, the company’s total solar power capacity now
stands at 7.4 MW DC.
The solar power expansion is expected to reduce the company’s dependence on conventional
power sources while supporting its long-term objective of improving energy efficiency and
reducing its overall power costs. The initiative also reinforces company’s commitment towards
sustainable manufacturing and increasing the share of renewable energy in its operations.
Commenting on the same, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said,
“The commencement of additional 6.1 MW DC solar power unit is an important step towards
strengthening our renewable energy footprint and improving the cost efficiency of our
operations. We remain committed to increasing the use of renewable energy while building a
more efficient and sustainable manufacturing platform.”
About Venus Pipes & Tubes Ltd
(https://www.venuspipes.com/; BSE: 543528; NSE: VENUSPIPES)
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless-steel pipes and tubes. The
company is into manufacturing of stainless steel tubes / pipes products along with fittings. Company
manufactures pipes / tubes in n two broad categories -seamless tubes/pipes and welded tubes/pipes
under which five categories of products are manufactured namely, stainless steel high precision & heat
exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes,
stainless steel welded pipes and stainless-steel LSAW pipes. The company sells products in both
domestic and international markets. Venus Pipes & Tubes exports its products to more than 30
countries including UK, US, Middle East and countries in the European Union, etc.
For more information, contact:
Company: Venus Pipes & Tubes Ltd. Investor Relations: Strategic Growth Advisors
E-mail: cs@venuspipes.com Mr. Sagar Shroff / Mr. Ayush Haria
M: +91 98205 19303 / +91 98204 62966
E-mail: sagar.shroff@sgapl.net / ayush.haria@sgapl.net
DISCLAIMER:
Certain statements that are made in the Press Release may be forward-looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like significant changes in
economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might
differ substantially from those expressed or implied. Venus Pipes & Tubes Ltd. will not be in any way
responsible for any action taken based on such statements and discussions; undertakes no obligation
to publicly update these forward-looking statements to reflect subsequent events or circumstances.