Investment10 Sept 2025, 09:54 pm
Deepak Fertilisers Invests in Solar & Wind Power Captive Consumption for Rs. 13.18 Crores
AI Summary
Deepak Fertilisers & Petrochemicals Corporation Ltd has entered into two Share Subscription and Shareholders Agreements with Sunsure Energy Private Limited, Murli Solar Energy Private Limited, and Sunsure Solarpark Fifty One Private Limited. The company will invest a total of Rs. 13,18,44,000/- in these agreements for the purpose of solar and wind power captive consumption, as per the provisions of the Electricity Act, 2003. This investment aims to enhance the source of renewable power supply and reduce reliance on non-renewable energy sources.
Key Highlights
- Investment of Rs. 4,78,44,000/- in Murli Solar Energy Private Limited for solar power captive consumption.
- Investment of Rs. 8,40,00,000/- in Sunsure Solarpark Fifty One Private Limited for wind power captive consumption.
- Aimed at enhancing renewable power supply and reducing reliance on non-renewable energy sources.
- Investment in line with the provisions of the Electricity Act, 2003.
- Total investment of Rs. 13,18,44,000/- for captive power consumption.