The record
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- Singareni Collieries chairman Buddhaprakash Jyoti virtually inaugurated a 300 Kw solar power plant at APHMEL in Vijayawada as part of the subsidiary's golden jubilee celebrations, along with newly built internal roads.
- APHMEL spends about ₹60 lakh a year on electricity, and the ₹1.24 crore plant is expected to cut that bill by roughly ₹24 lakh annually, recovering its cost in about five years.
- The chairman also highlighted APHMEL's best-ever performance in its 50-year history, with a record turnover of ₹63.13 crore and net profit of ₹23.33 crore in 2025-26.
- SCCL has pledged continued support to APHMEL, including technology adoption and business diversification.
What to watch next
- Details of APHMEL's business diversification plans beyond machinery, equipment and spare parts
- Whether the promised infrastructure support from Telangana's Deputy Chief Minister translates into further projects
- Actual savings from the solar plant against the projected ₹24 lakh annual reduction
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Named India · Hyderabad · Vijayawada · Andhra Pradesh Heavy Machinery & Engineering Limited · Buddhaprakash Jyoti · Coal India Limited · Mallu Bhatti Vikramarka · NMDC · Singareni Collieries Company Limited · Telangana State Government
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