New Launch1 Feb 2025, 04:23 am
Kirloskar Ferrous Industries Ltd. Commissions 69 MW Solar Plant, Reducing Power Costs
AI Summary
Kirloskar Ferrous Industries Ltd. has completed the installation and commissioning of a 69 MW DC Solar Plant in Mantha, Helas, Jalna, Maharashtra. The plant, which is an expansion of the 35 MW DC Solar Plant commissioned on July 1, 2024, has been financed through internal accruals, with a project cost of around INR 270 Crores (net of recoverable taxes). The commissioning of the Solar Plant's second phase will benefit the company by reducing power costs.
Key Highlights
- Kirloskar Ferrous Industries Ltd. commissions 69 MW DC Solar Plant
- Solar Plant expansion of the 35 MW DC Solar Plant commissioned on July 1, 2024
- Financed through internal accruals with a project cost of around INR 270 Crores
- Located in Mantha, Helas, Jalna, Maharashtra
- Expected to reduce power costs for the company