New Launch16 Dec 2024, 04:35 pm
RMC Switchgears to Invest 100 Crore in 1 GWp Solar Products Manufacturing Plant in Jaipur
AI Summary
RMC Switchgears Limited, a leading player in the electrical infrastructure solutions sector, has announced plans to establish a state-of-the-art Solar Module Manufacturing Plant with an annual production capacity of 1 GWp and manufacture the Solar Module Mounting Structure with the same capacity at Badodiya Village, Chaksu Tehsil, Jaipur, Rajasthan. The project, with an estimated capital expenditure of 100 crore, is expected to be operational by July 2025 and will contribute to RMC’s ability to execute large-scale Solar EPC projects efficiently and solidify its presence in the renewable energy ecosystem.
Key Highlights
- RMC Switchgears to establish a 1 GWp Solar Module Manufacturing Plant and Solar Module Mounting Structure in Jaipur, Rajasthan.
- The project is expected to be operational by July 2025 and will strengthen RMC’s renewable energy capabilities and drive sustainable growth.
- The new facility will be located on land adjoining the company’s current operational plant, ensuring seamless integration and operational efficiency.
- The project will be executed through RMC Green Energy Pvt. Ltd., a key subsidiary of RMC Switchgears Limited.
- This strategic move will enhance operational control and strengthen RMC’s vision of creating a comprehensive solar ecosystem.