Rhetan TMT commissions 1-MW solar project to cut energy costs

Rhetan TMT commissioned a one megawatt (MW) captive solar power project at its Gujarat facility to reduce energy costs and improve manufacturing efficiency. Energy contributes nearly 20% of its cost base, making the project strategically important. The company has delivered profit growth at a 140% CAGR over five years and has a market cap above ₹300 crore.