
Deals31 Jan 2025, 12:25 am
TGV Sraac Ltd to Decommission 4.89 MW Wind Mill Unit Due to High Running Costs
AI Summary
The Board of Directors of TGV Sraac Ltd has taken note of the decommissioning of a 4.89 MW Wind Mill unit at Ramgiri, Anantapur. The decision was made due to the cost of running the plant being more than its revenue, as stated in a meeting held on 30.12.2025. The decommissioning will be effective from 31.12.2024. The company is complyings with Regulation 46 (2) of SEBI (LODR) Regulations, 2015 by hosting this information on their website.
Key Highlights
- TGV Sraac Ltd to decommission a 4.89 MW Wind Mill unit at Ramgiri, Anantapur
- The decision was made due to the high cost of running the plant
- The decommissioning will be effective from 31.12.2024
- The company is complying with Regulation 46 (2) of SEBI (LODR) Regulations, 2015