The company also plans to increase its Waste Heat Recovery Systems (WHRS) capacity to 376 MW by FY28.
The investments would be made across a portfolio of solar and wind power projects in Gujarat and Rajasthan. These include a 600 MW solar power project and 150 MW wind power project in Gujarat, and a 250 MW solar power project in Rajasthan, Ambuja Cements said in a statement.
At present, the company's renewable capacity stands at 84 MW. The firm intends to increase this to 284 MW by FY24, and further to 640 MW by FY25 and to 1,090 MW by FY26. The firm intends to fund the investments through internal accruals.
Denne historien er fra December 19, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 19, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Murdoch ally helps Ambani build media empire in India
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