Jainam Ferro Alloys Commissions 20.7 MWp Solar Power Plant in Chhattisgarh
Jainam Ferro Alloys (I) Limited has completed the commissioning and synchronization of a large captive solar power plant located in Chhattisgarh. The facility, which has been finalized with Tata Power Renewable Energy Limited, is set to support the company's operations and contribute to its green energy goals.The captive solar power plant is situated at Village Tekapar, Tehsil Khairagarh, District Rajnandgaon, Chhattisgarh. The plant boasts a significant capacity measured as follows:
| Metric | Capacity |
|---|---|
| AC Capacity | 20.7 MWp |
| DC Capacity | 27 MWp |
The company confirmed that the solar power plant was successfully commissioned and synchronized with the grid on May 21, 2026.
The power generated by this facility will be consumed entirely by the company's ferro plant. Management stated that the deployment of the solar energy source is expected to bolster the company's green initiatives and reduce its overall carbon footprint. Furthermore, the captive generation is anticipated to result in cost savings on power consumption, thereby enhancing the overall profitability of Jainam Ferro Alloys (I) Limited.
JAINAM Stock Price Movement
As of 2:04 PM, shares of Jainam Ferro Alloys (I) Limited are maintaining levels around ₹277.05, registering no change in live trading. The stock is currently trading flat, holding near its previous close of ₹277.05.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.
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