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58 MW Hybrid Renewable Energy Project for Bharuch Operations

Sector: Chemical (Industrial) • Location: Bharuch, Gujarat, India

Source: The Tribune

Project
Planned

DCM Shriram Ltd. signed an agreement with Serentica Renewables India 38 Pvt. Ltd. to develop a 58 MW (peak) hybrid renewable energy project to support its energy-intensive chemical operations in Bharuch, Gujarat. The project aims to expand the share of renewable energy in the company's power mix and is expected to be commissioned by June 2027. DCM Shriram will invest up to Rs 105 crore to acquire

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The project “58 MW Hybrid Renewable Energy Project for Bharuch Operations” is an infrastructure initiative in the Chemical (Industrial) sector, located in Bharuch, Gujarat, India. Taiyo aggregates data on it from The Tribune.

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Description

Description

DCM Shriram Ltd. signed an agreement with Serentica Renewables India 38 Pvt. Ltd. to develop a 58 MW (peak) hybrid renewable energy project to support its energy-intensive chemical operations in Bharuch, Gujarat. The project aims to expand the share of renewable energy in the company's power mix and is expected to be commissioned by June 2027. DCM Shriram will invest up to Rs 105 crore to acquire a minimum 26% equity stake in Serentica Renewables India 38 Pvt. Ltd. The project will supply renewable power through a 190 MW renewable energy project comprising solar power from Rajasthan and wind power from Karnataka.

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