Krishanveer Forge Ltd Wins Work Order for 1.0 MWp Solar Power Plant

Krishanveer Forge Ltd (KVF) has been awarded a work order for setting up a 1.0 MWp (DC) Solar Power Plant. The plant will be situated at Mahim, Taluka Sangole, District Solapur, Maharashtra, and will operate on a captive open access model. The EPC amount for the solar power plant is Rs. 3,85,00,000 plus taxes. The installation is expected to be completed within 5 months, followed by a 1-month stabilization period. The plant is expected to lead to significant savings on electricity costs, thereby increasing the company's profitability.