HomeRenewable energy ›Rudra Global Infra Products to Set Up 25-30 MW Solar Projects in Gujarat for Captive Usage

Rudra Global Infra Products to Set Up 25-30 MW Solar Projects in Gujarat for Captive Usage

Rudra Global Infra Products is set to scale up its renewable energy portfolio with plans to install 25–30 MW of captive solar power and a 3.3 MW wind power project. The total CAPEX requirement for implementing the entire renewable energy initiative is estimated at INR 140 Crore.

June 11, 2025. By Mrinmoy Dey

Gujarat-based Steel manufacturer Rudra Global Infra Products is planning to set up solar power projects totalling 25-30 MW for captive usage.

The company is also in the process of setting up a 3.3 MW wind power project at a cost of INR 32.28 crore, the company stated in a regulatory filing.

The company in an earlier filing mentioned regarding the execution of a Letter of Intent (Lol) with Opera Energy for the project. It has now received the bank sanction letter, approving approximately 75 percent of the funding for the 3.3 MW Wind Power Project.

The company, in the filing mentioned that the installation of the 3.3 MW wind turbine is progressing as planned and is expected to be operational by December 2025. “The project is projected to generate approximately 1.1 crore units of power annually. This will be the fourth wind turbine installed by the company, enhancing its total renewable energy capacity to 8 MW, capable of producing approximately 1.7 crore units per annum,” it said.

The company aims to fully optimise its current investment in plant and machinery, with an anticipated increase in output to 2.4 lakh tons per annum of finished goods (TMT Bars).

The increase in production volume is expected to help the company double its topline, reaching approximately 1,200 Crore, along with a significant improvement in EBITDA. “Furthermore, the cost savings from captive power generation are estimated to contribute approximately 40 Crore in EBITDA annually over the productive life of the solar plant,” it said.

The total CAPEX requirement for implementing the entire renewable energy initiative is estimated at INR 140 Crore, of which 80 percent will be funded through institutional financing, and the remaining 20 percent will be contributed from the company's internal reserves, mentioned the filing.

Following the implementation of this project, the Billet Producing Division is expected to increase its capacity utilisation from 33 percent to 50 percent, while the TMT Producing Division is expected to ramp up utilisation from 50 percent to 90 percent.

As a result of this capacity expansion, the company expects to achieve an annual production of 1.2 lakh tons of MS Billets from the SMS division, and 2.4 lakh tons of TMT Bars from the Rolling Mill division (RM Division).
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