From October 2023 to October 2025 AB Grąžtai carried out the project “Installation of renewable energy generation capacity at AB Grąžtai” (No. 02-011-K-0255), co-funded by the European Union. Its aim was the transition to a climate-neutral economy.
As part of the project we installed a 200 kW solar power station in Raseiniai. It is designed to generate about 175,000 kWh of electricity a year, all of which is used in drill production.
The total project value was €218,100, of which €162,400 came from European Union funds.
