
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