New Launch9 Jun 2025, 04:10 pm
Rudra Global Infra Products Ltd Secures Bank Sanction for 3.3 MW Wind Power Project
AI Summary
Rudra Global Infra Products Ltd has received a Bank Sanction Letter, approving approximately 75% of the funding for its 3.3 MW Wind Power Project. The project, with a total project cost of 32.28 Crore, is expected to be operational by December 2025 and generate approximately 1.1 crore units of power annually. This will enhance the company's total renewable energy capacity to 8 MW, capable of producing approximately 1.7 crore units per annum. The company also plans to undertake solar power projects and/or other equivalent renewable energy projects totaling 25-30 MW, aiming to fully optimize its current investment in plant and machinery.
Key Highlights
- Rudra Global Infra Products Ltd has received a Bank Sanction Letter for its 3.3 MW Wind Power Project.
- The project is expected to generate approximately 1.1 crore units of power annually.
- Upon completion, the company's total renewable energy capacity will be 8 MW.
- The company plans to undertake solar power projects and/or other equivalent renewable energy projects totaling 25-30 MW.
- The project is expected to help the company double its topline, reaching approximately ₹1,200 Crore.