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Investment19 Jun 2026, 11:39 am

DCM Shriram Increases Renewable Power Investment to ₹105 Cr

AI Summary

DCM Shriram Ltd announced an increased equity investment of up to ₹18 crores, bringing the total approved investment to ₹105 crores. This investment is for obtaining additional renewable power supply for its Bharuch Plant. The initial approval was for up to ₹87 crores for approximately 48 MW, and the revised plan includes an additional 10 MW, bringing the total renewable power supply to approximately 108 MW. Further details regarding the investment proposal will be provided once finalized.

Key Highlights

  • Total equity investment for renewable power increased to ₹105 crores.
  • Additional 10 MW renewable power supply secured for Bharuch Plant.
  • Total renewable power supply for Bharuch Plant to reach approximately 108 MW.
  • Investment to be made in one or more tranches.