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Business Update15 Mar 2024, 11:30 pm

Welspun Flooring Limited Invests Rs. 1.76 Crore in Welspun Bhargavi Private Limited for a 8.10 MWp Solar Power Project

AI Summary

Welspun Flooring Limited, a wholly-owned subsidiary of Welspun Living Ltd, has announced an equity investment of Rs. 1.76 Crore in Welspun Bhargavi Private Limited (WBPL) to set up a 8.10 MWp Solar Power Project. The investment aligns with Welspun Living's objective of becoming a 100% renewable energy consumer by the year 2030.

Key Highlights

  • Welspun Flooring Limited invests Rs. 1.76 Crore in Welspun Bhargavi Private Limited
  • Investment for setting up a 8.10 MWp Solar Power Project
  • Contributes to the Company’s goal of being a 100% Renewable energy consumer by 2030
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