Announced Fri, 19 Jun · 11:36 IST
Board approves extra Rs 18 cr for renewable power at Bharuch Plant
Capex & Operations View source PDF
DCMSHRIRAM · price
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AI summary
DCM Shriram's Board approved an additional equity investment of up to Rs. 18 crores for about 10 MW of renewable power, taking total approved investment to Rs. 105 crores for about 58 MW. This will raise Bharuch Plant's total renewable power supply to about 108 MW, supporting the company's shift to clean energy.
Likely market impact
Positive for sustainability profile; supports long-term cost savings at Bharuch operations. Limited near-term stock impact.