New Launch28 Jan 2026, 06:12 pm
Kiri Industries Ltd. Announces Hybrid Power Project in Gujarat with INR 10,079.50 Lakh Investment
AI Summary
Kiri Industries Ltd. has issued a Letter of Intent (LOI) for the installation of a Hybrid Power Project at Kamlapur site, Rajkot District, Gujarat. The project, with an estimated cost of approximately INR 10,079.50 Lakh, will have an installed capacity of 9.45 MW Wind and 8 MW Solar. The power generated from the project will primarily be used for meeting the power requirements of the company's existing manufacturing facilities, thereby optimizing energy costs. This initiative also aligns with the company's commitment to increased use of renewable energy, reduction in carbon footprint, and strengthening its Environmental, Social and Governance (ESG) profile.
Key Highlights
- Issuance of Letter of Intent for a Hybrid Power Project in Gujarat
- Project cost estimated at approximately INR 10,079.50 Lakh
- Installed capacity of 9.45 MW Wind and 8 MW Solar
- Power to be primarily used for existing manufacturing facilities
- Initiative towards increased use of renewable energy and reduction in carbon footprint