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Source Natural Foods has approved the transfer of its 2 MW solar photovoltaic (PV) project in Odisha to a subsidiary unit. The move is designed to streamline renewable energy operations, improve efficiency, and strengthen the company’s sustainability portfolio, aligning with India’s clean energy mission and long-term growth objectives.
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Source Natural Foods has announced that it has formally approved the transfer of its 2 MW solar PV project in Odisha to a subsidiary unit. This strategic restructuring highlights the company’s commitment to renewable energy expansion and operational efficiency.
The transfer is expected to enhance project management, reduce costs, and accelerate the company’s contribution to India’s renewable energy targets. By consolidating solar assets under specialized units, Source Natural Foods is positioning itself as a proactive player in the clean energy sector while reinforcing its sustainability-driven business model.
Key Highlights
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Approval granted for transfer of 2 MW solar PV project in Odisha.
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Move strengthens renewable energy portfolio and operational efficiency.
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Supports India’s carbon reduction and clean energy goals.
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Positions Source Natural Foods for long-term sustainable growth.
This development underscores the company’s focus on green infrastructure and its role in advancing India’s renewable energy ecosystem.
Source: Company announcement via stock exchange filings.
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