New Launch6 Dec 2024, 06:14 pm
Rhetan TMT Ltd. Announces Lease for 2 MW Solar Power Plant in Banaskatha
AI Summary
Rhetan TMT Ltd. has announced a lease deed for land at Village UN, Taluka Kankrej, District Banaskatha to establish a 2 MW solar power plant for captive consumption. The company has placed an order with the vendor and received provisional approval from GEDA. The application for connectivity approval has been submitted to GETCO, with expectations of receiving it by mid-January 2025. The full-scale implementation is expected to be completed around April-May 2025. This initiative aligns with the company's sustainability goals and commitment to reducing energy costs and transitioning towards cleaner energy solutions.
Key Highlights
- Lease deed signed for a 2 MW solar power plant in Banaskatha
- Plant to be used for captive consumption at the company’s factory premises at Kadi, Gujarat
- Provisional approval received from GEDA, application submitted to GETCO for connectivity approval
- Expected to receive connectivity approval by mid-January 2025 and complete full-scale implementation by April-May 2025
- Initiative aligns with the company's sustainability goals and commitment to cleaner energy solutions