DCM Shriram Approves Additional ₹105 Crore Investment in Renewable Power for Bharuch Plant
DCM Shriram Limited approved an additional equity investment of up to ₹18 crores, bringing the total to ₹105 crores for renewable power. This will increase the Bharuch Plant's renewable power supply to approximately 108 MW.
The investment in renewable energy is significant and increases the plant's capacity, which could have a positive impact on operational efficiency and environmental footprint.
The company is increasing its investment in renewable energy, which is a positive step towards sustainability and potentially long-term cost savings.
DCM Shriram Limited announced today, 19th June 2026, an update on its renewable power initiatives. Following a prior approval on 12th March 2026 for an equity investment of up to ₹87 crores to secure approximately 48 MW of renewable power for its Bharuch Plant, the Board of Directors has now approved an additional equity investment of up to ₹18 crores.
This new investment, made in one or more tranches, brings the total approved equity investment to ₹105 crores. The expanded investment will secure an additional ~10 MW of renewable power, increasing the total renewable power supply to the Bharuch Plant to approximately 108 MW. The company will provide further details regarding the investment proposal in due course once all terms are finalized.
The Board meeting commenced at 11:00 a.m. and concluded at 11:25 a.m. on 19th June 2026.
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See the model portfoliosA plain-language summary of a public exchange filing by DCM Shriram Limited. Read the original for the full detail.