Announced Fri, 3 Jul · 12:29 IST
Krishanveer Forge gets approval to commission 1MWp solar power plant in Solapur
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+13.3%1-day move
₹158.90
prior close
₹153.00
base price
In-mkt
timing
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————+13.3+4.1+2.6+6.2+3.6-4.6-3.6———
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AI summary
Krishanveer Forge received the Permission to Commission (PTC) from MSEDCL for its 1MWp solar power plant with single-axis tracker at Karandewadi, Solapur, Maharashtra. The plant is fully installed and ready for operations. After testing, inspection by MSEDCL, and completing formalities, commercial power evacuation will start within 30 days. This follows the company's earlier August 2025 disclosure about setting up the plant and supports its renewable energy and sustainability goals.
Likely market impact
Positive move toward clean energy; expected to cut long-term power costs and strengthen the company's sustainability profile.