Business Update25 Oct 2023, 07:38 pm
Welspun Living Limited Approves Investment in Special Purpose Vehicle for Renewable Energy
AI Summary
The Board of Directors of Welspun Living Limited has approved an investment of up to INR 56.40 crore in a Special Purpose Vehicle (SPV) for supply of 47 MW Renewable Energy Round-The-Clock (RE-RTC) basis for Anjar operations, as part of the company's objective to be a 100% Renewable energy consumer by 2030.,
Key Highlights
- Investment in Renewable Energy
- Special Purpose Vehicle (SPV)
- Renewable Energy Round-The-Clock (RE-RTC)
- Anjar operations
- 100% Renewable energy consumer by 2030