Business Update20 Aug 2025, 01:55 pm
Gokak Textiles' Solar Power Plant Restored After Fire Incident
AI Summary
Gokak Textiles Ltd. has successfully restored its Solar Power Plant, which was affected by a fire incident and equipment failure. The plant, located at Gokak Falls - 591308, Taluka - Gokak, District - Belagavi, Karnataka, India, has been restored to full capacity. The company had filed an insurance claim of Rs. 3.25 Crores and realized an amount of Rs. 1.89 Crores. The restoration of transformers, invertor, and other equipment was completed by 25th July 2025. The plant has been operational since 31st July 2025, consistently generating 40MW peak power.
Key Highlights
- Gokak Textiles' Solar Power Plant restored to full capacity after fire incident and equipment failure.
- Company had filed an insurance claim of Rs. 3.25 Crores and realized Rs. 1.89 Crores.
- Restoration of transformers, invertor, and other equipment completed by 25th July 2025.
- Plant has been operational since 31st July 2025, consistently generating 40MW peak power.