STEPS TAKEN FOR ENVIRONMENT PROTECTION DURING FY 2025-26:
(A) CONSERVATION OF ENERGY
Energy conservation during the financial year has accrued as a result of the following steps taken at various locations of the Company;
SILVASSA
1. Energy had been generated and consumed from renewable source i.e. Solar Power Plant that had been installed and operations have resulted in saving of energy up to 39629 kWh during the year.
TURBHE
1. Installed 22 numbers of LED Bay lights of 100 wats in replacement with 150 watts old conventional lights (Halogen). Savings of 2970 kWh during the year.
2. Energy had been generated and consumed from renewable source i.e. Resulted in saving of energy upto 153477 kWh during the year.
ORAGADAM
1. Installed 2 (two) numbers of Variable Frequency Drives (VFDs) for optimizing motor speed and reducing power consumption which helped to save energy up to 5,169 kWh.
2. Energy had been generated and consumed from renewable source i.e. Solar Power Plant that had been installed and operations have resulted in saving of energy up to 4,19,403 kWh.
FARIDABAD
1. Installed one numbers of Variable Frequency Drives (VFDs) to optimizing motor speed and reducing power consumption which helped to save energy up to 5,400 kWh for 2025-26.
2. Energy had been generated and consumed from renewable source i.e. Solar Power Plant that had been installed (100 kWh) and operations have resulted in saving of energy up to 24327 kWh for 2025-26.
RAMKRISHNAPUR
Energy consumptions has increased 2.76% in FY 2025-26, due to modifications and site implementation work (involving Welding/cutting), Industrial exhaust fans installed for air ventilation of shop floor during summer.
Steps taken or impact on conservation of energy :
1. We have installed energy meter to record section wise consumptions data to evaluate and take steps for energy conservation.
2. Steps taken by the Company for utilizing alternate sources of energy: Will proposed rooftop Solar panel for utilization of alternate energy source for FY 2027-28.
(B) TECHNOLOGY ABSORPTION
1. Efforts made towards technology absorption:
New products are developed by the R&D centers of the Company incorporating latest technology.
2. Benefits derived:
The Company is able to produce quality products in view of the above. For further details, please refer to the Sustainability Report for 2025-26, as available at the official website of the Company at the weblink https://www.veedolindia.com/sustainability-report.
3. Information regarding imported technology:
Not applicable.
4. Expenditure incurred on Research and Development:
a. Capital : Rs. 5.69 crores (last year Rs. 1.78 crores)
b. Recurring : Rs. 2.35 crores (last year Rs. 2.92 crores)
c. Total : Rs. 8.04 crores (last year Rs. 4.7 crores)
d. Total R&D Expenditure : 0.52% as percentage of total turnover (last year 0.31 %)
