Ventive Hospitality Limited has approved a significant capital expenditure of up to ₹60 crore for captive solar power generation, including battery backup systems. This strategic investment is targeted for the company’s hotel assets and those of its subsidiaries. The move underscores Ventive Hospitality’s commitment to sustainability and aims to enhance operational efficiency and reduce energy costs.
Ventive Hospitality Approves Major Solar Project
Ventive Hospitality Limited announced today that its Board of Directors has approved a substantial investment of up to ₹60 crore in captive solar power generation. This significant capital expenditure will include the installation of battery backup systems, enhancing the reliability and efficiency of the power supply for the company’s hotel assets and those of its subsidiaries.
Strategic Sustainability Initiative
The decision, made during the Board Meeting held on August 04, 2026, reflects Ventive Hospitality’s ongoing commitment to environmental sustainability and operational cost optimization. The integration of solar power with battery storage is expected to lead to considerable savings in energy expenses and reduce the company’s carbon footprint over the long term. The Board Meeting commenced at 5:30 P.M. and concluded at 6:30 P.M..
Source: BSE
