Hi-Tech Pipes, a steel pipes maker based in New Delhi, is focused on expanding its renewable energy capacity, aiming to achieve 13.5 MW by the end of 2024. The company currently has 8.5 MW of installed solar power capacity and is in the process of adding another 5 MW. This investment in solar power is estimated to range between Rs 5-7 crore per MW, including land costs. Once completed, the green power sourcing is expected to cover 30% of the company's total power needs. Additionally, Hi-Tech Pipes signed an MoU with a prominent renewable energy supplier to collaborate on green hydrogen projects, highlighting the company's commitment to sustainability and innovation. The supplier brings expertise in EPC (Engineering, Procurement, Construction) and strong R&D capabilities in green hydrogen technology. Operating multiple manufacturing facilities in various Indian cities, including Uttar Pradesh, Gujarat, Andhra Pradesh, and Maharashtra, Hi-Tech Pipes produces a wide range of steel products, such as steel pipes, hollow sections, and cold rolled coils, along with solar mounting structures and other galvanized items.