Mangalam Worldwide Limited (MWL), a fully integrated stainless steel and specialized manufacturing company, has achieved a significant milestone in its sustainability roadmap with the commissioning of a 10.4 MW ground-mounted captive solar power project at its Halol manufacturing ecosystem in Gujarat. Combined with its existing 1.2 MW rooftop solar installations, the company’s total operational solar capacity has now reached 11.6 MW.
The expansion marks a strategic shift towards cleaner, cost-efficient, and more resilient manufacturing operations. For a company that recorded its highest-ever financial performance with revenue of approximately ₹1,215 crore in Financial Year 2026, the transition to a double-digit megawatt captive renewable energy ecosystem reinforces MWL’s focus on long-term operational efficiency and energy independence.
The newly commissioned solar capacity is expected to offset more than 12,500 metric tonnes of carbon dioxide (CO₂) emissions annually, significantly reducing the carbon intensity of MWL’s steel melting and tubular manufacturing operations. By replacing a portion of conventional grid electricity with captive solar power, the company also expects to achieve substantial savings in energy costs, supporting improved cost competitiveness and protection against future electricity price fluctuations.
As energy-intensive industries such as steel and engineering continue to adopt sustainable manufacturing practices, MWL’s investment in renewable power strengthens its ability to meet evolving environmental expectations from customers across domestic and international markets. The company currently serves customers in India and exports to 20 European countries, aligning its operations with global sustainability standards.
Commenting on the milestone, Chandragupt Prakash Mangal, Managing Director, Mangalam Worldwide Limited, said, “Crossing the 11.6 MW milestone in solar capacity represents a transformation in how we power our industrial operations. Renewable energy is not just an ESG initiative for MWL; it is a key component of our manufacturing strategy. By securing reliable, cost-effective, and green power, we are reducing our carbon footprint while strengthening our competitiveness in global stainless steel markets.”
Established in 1995, Mangalam Worldwide Limited operates as a fully integrated stainless steel manufacturer with capabilities ranging from scrap melting to finished products, including seamless pipes and tubes. The company manufactures stainless steel billets, ingots, flat bars, round bars, bright bars, seamless pipes and tubes, heat exchanger tubes, and U-tubes.
MWL’s manufacturing infrastructure includes steel melting shops, rolling mills, peeling units, finishing facilities, and seamless pipe and tube production units spread across four plants located in Halol, Changodar, and Kapadvanj, Gujarat. Together, these facilities cover more than 1,25,000 square metres and have a combined installed capacity exceeding 1,90,000 metric tonnes per annum. With a workforce of more than 750 employees, Mangalam Worldwide continues to expand its capabilities to meet growing demand for high-quality stainless steel products while advancing its commitment to sustainable and globally competitive manufacturing.
