Ramkrishna Forgings to Install Roof Top Solar Project 7.82 MW Worth INR 35 Crore in Jharkhand
The company aims to install a 7.82 MW rooftop solar project at its Jamshedpur assembling plants in Saraikela and Dugni.
March 03, 2023. By Nivedita Ojha
The company declared its prospects to set up a solar project, evaluated to worth of about Rs 35 crore which will be financed through a combination of debt and equity instruments.
Ramkrishna Forgings Limited is known as delivers the assembling of equipped, machined products that it will make a major investment in renewable energy in way to attain carbon neutrality.
On finishing the solar project, Ramkrishna Forgings will apply the power produced along the project for its confined consumption, thereby lowering its dependence on grid power. The solar project will also aid the forging company in achieving its environmental, social, and governance (ESG) vision and contributing to its goal of achieving a sustainable future.
The overall cost of the project is estimated to be around Rs 35 crore, which will be funded through a combination of debt and equity.
Ramkrishna Forgings Limited is a distributor to many subdivisions like automotive, railways, farm equipment, bearings, oil & gas, power and construction, earth moving & mining throughout India and international market.
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