DCM Shriram has announced the commencement of renewable power injection at its Kota Complex, marking a significant milestone in its transition from coal-based energy. The company has initiated the injection of renewable power with an average capacity of approximately 15 MW. This development is part of the company’s strategic move to replace its existing 40 MW coal-based power with a Wind Solar Hybrid Renewable Power Project. The project, which has a total capacity of around 68 MW (with an average of 34 MW), is being executed through a Special Purpose Vehicle Company, JSW Renew Energy Thirty Two Limited.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).