Monthly Update14 Nov 2025, 05:11 pm
Gokak Textiles Ltd Restores Solar Power Plant After Transformer Failure
AI Summary
Gokak Textiles Ltd has successfully restored its solar power plant after a transformer failure. The power transformer was restored on October 27, 2025, and the plant has been operational since October 28, 2025, generating peak power of 40MW consistently. The company had claimed an insurance amount of Rs. 3.29 Crores for the loss/damage, out of which Rs. 0.93 Crores was for material damage and Rs. 2.36 Crores for business interruption. The plant's shutdown due to the transformer failure did not significantly impact the production or financials of the entity.
Key Highlights
- Gokak Textiles Ltd restored its solar power plant after a transformer failure.
- The power transformer was restored on October 27, 2025, and the plant has been operational since then.
- The company claimed an insurance amount of Rs. 3.29 Crores for the loss/damage.
- The plant has been generating peak power of 40MW consistently after the restoration.
- The shutdown due to the transformer failure did not significantly impact the production or financials of the entity.