
New Launch1 Feb 2025, 07:25 pm
Kirloskar Ferrous Industries Limited Commissions Second Phase of 69 MW Solar Plant, Reducing Power Costs
AI Summary
Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of Kirloskar Industries Ltd, has completed the installation and commissioning of the second phase of a 69 MW DC solar plant. The plant, located at Mantha, Helas, Jalna 431504, Maharashtra, was initially commissioned with a capacity of 35 MW DC on July 1, 2024. The second phase, with an additional capacity of 69 MW DC, became operational on January 31, 2025. The project cost, around ₹ 270 Crores (net of recoverable taxes), has been financed through internal accruals. The operations of the solar plant will contribute to the company's sustainability efforts and reduce power costs.
Key Highlights
- Kirloskar Ferrous Industries Limited (KFIL) completes the second phase of a 69 MW DC solar plant
- The solar plant is located at Mantha, Helas, Jalna 431504, Maharashtra
- The second phase became operational on January 31, 2025
- Project cost of ₹ 270 Crores financed through internal accruals
- Operations of the solar plant will reduce power costs for the company