Deals13 Jul 2024, 06:26 pm
RMC Switchgears Secures Landmark Rs. 86.48 Crore Solar EPC Order in Bhuj, Gujarat
AI Summary
RMC Switchgears Limited has been awarded a significant work order valued at approximately Rs. 86.48 Crores (including GST) for the supply and installation of solar equipment, a 220 KV substation, and a 5 km transmission line material for a 25 MWac ground mount solar plant with a single-axis tracker in Bhuj, Gujarat. This contract is a material event and aligns with RMC's strategic vision to contribute to sustainable development. This is the second major order in the Solar EPC business for RMC within a week, signifying its rapid expansion in the renewable energy sector and commitment to advancing India's renewable energy goals.
Key Highlights
- RMC Switchgears Limited secures a landmark order worth Rs. 86.48 Crores (including GST) in the Solar EPC business.
- The project involves the supply and installation of solar equipment, a 220 KV substation, and a 5 km transmission line material for a 25 MWac ground mount solar plant with a single-axis tracker in Bhuj, Gujarat.
- This order follows RMC's successful entry into the Solar EPC business with its first 1.35 MWp solar power plant in Rajasthan.
- RMC's efforts in the renewable sector support India's goal of achieving 450 GW of renewable energy capacity by 2030.
- This initiative demonstrates RMC's commitment to innovation and sustainability, highlighting their role in helping India meet its environmental targets.