New Launch12 Jul 2025, 05:06 pm
TGV Sraac Ltd Receives Approval for Additional 40 MW Solar Power Plant
AI Summary
TGV Sraac Ltd has received approval from its Board of Directors for the setup of an additional 40 MW Solar Power plant. This approval is in addition to the earlier approval for 60 MW, out of which 37.90 MW has already started power generation. The total cost for this new setup is approximately Rs.120 Cr, which will be funded through internal accruals and bank finance. The new plant will be set up near the factory or elsewhere.
Key Highlights
- TGV Sraac Ltd receives approval for an additional 40 MW Solar Power plant
- The new setup is in addition to the earlier approved 60 MW, with 37.90 MW already in power generation
- The total cost for the new plant is approximately Rs.120 Cr
- Funding for the new plant will be through internal accruals and bank finance
- The new plant will be set up near the factory or elsewhere