Deals11 Nov 2024, 10:03 pm
Waaree Renewable Technologies Ltd to Set Up 41.6 MW DC Capacity IPP Plant in Tamil Nadu
AI Summary
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies Limited, has announced the setting up of a 41.6 MW DC capacity Independent Power Producer (IPP) Plant in Cuddalore District, Tamil Nadu. The project is expected to be completed by the financial year 2025-2026, incurring a capex of approximately INR 146.77 crores including taxes. This initiative is in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Waaree Renewable Technologies Ltd to set up a 41.6 MW DC capacity IPP Plant in Cuddalore District, Tamil Nadu.
- The project is expected to be completed by the financial year 2025-2026.
- The project will incur a capex of approximately INR 146.77 crores including taxes.
- This initiative is in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
- Waaree Renewable Technologies Ltd is a subsidiary of Waaree Energies Limited.