DCM Shriram Ltd Boosts Investment to Secure Over 108 MW of Renewable Power for Bharuch Plant

DCM Shriram Ltd Boosts Investment to Secure Over 108 MW of Renewable Power for Bharuch Plant

DCM Shriram Ltd Boosts Investment to Secure Over 108 MW of Renewable Power for Bharuch Plant​

DCM Shriram Ltd has announced an increased commitment to its renewable energy strategy, approving additional equity investment to expand the green power capacity available at its Bharuch Plant. The Board meeting held on June 19, 2026, formalized the latest stage of this initiative, significantly boosting the plant's sustainable power generation capabilities.

The company has a history of securing external funding for renewable energy at the site. Earlier, the Board of Directors had approved an equity investment of up to Rs 87 crores in one or more tranches. This initial commitment was aimed at acquiring a minimum 26% equity stake in specialized Special Purpose Vehicles (SPVs) necessary to obtain approximately 48 MW of additional Renewable Power supply for the Bharuch Plant.

Building upon this initial plan, DCM Shriram Ltd has now approved a further Equity Investment of up to Rs 18 crores in one or more tranches. This fresh investment tranche ensures a continued push towards renewable energy integration at the facility.

The combined investment under the Board approval amounts to a total commitment of Rs 105 crores. Through these investments, DCM Shriram Ltd aims to procure an additional ~10 MW of Renewable Power supply. Collectively, this effort increases the Bharuch Plant’s total Renewable Power supply capacity to approximately 108 MW.

The investment structure and operational details are being finalized as part of the company's ongoing efforts to enhance sustainable power sourcing at its industrial facility.

DCMSHRIRAM Stock Price Movement​

Shares of DCM Shriram Limited are edging higher to ₹1045.2 as of 1:18 PM, rising 0.51% in live trading. The stock has seen a traded volume of 14,590 shares during the current session.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top