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TGV SRAAC Approves INR 120 Crore Investment for 40 MW Solar Plant

TGV SRAAC Ltd. has approved an INR 120 crore investment to set up an additional 40 MW solar power plant, expanding its renewable energy capacity alongside its ongoing 60 MW solar project, of which 37.90 MW is already operational, to support sustainable operations in its chlor-alkali and chemical manufacturing business.

July 14, 2025. By Mrinmoy Dey

TGV SRAAC Ltd., a company specialising in the production of chlor-alkali products, castor derivatives, and fatty acids, and the flagship company of the TGV Group, has announced that the company’s board has approved an investment of INR 120 crore to set up a 40 MW solar plant.

“The Board has given approval by way of Circular Resolution on July 12, 2025, to the company for setting up of further 40 MW Solar Power plant near our factory/elsewhere at a total approximate cost of INR 120 crore funded through internal accruals/bank finance,” it said.

It further added that the above approval is in addition to the earlier Board approval for a 60 MW solar plant. Out of this, a part capacity of 37.90 MW has already been commissioned and started power generation. The work for the balance 22.10 MW capacity is progressing satisfactorily, it said.

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Solar PV

TGV SRAAC

Captive Solar Plant

Solarising C and I segment

TGV Group