<h1>Krishanveer Forge Ltd receives Permission to Commission for 1MWp Solar Power Plant</h1>
Krishanveer Forge Limited has secured crucial regulatory approval for its solar energy initiative, receiving the Permission to Commission (PTC) from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This milestone enables the company to move forward with commissioning and generating power from its new renewable energy facility.
The granting of PTC by MSEDCL on July 02, 2026 marks a significant step in Krishanveer Forge Ltd’s commitment to sustainability and the adoption of clean energy sources. The solar power plant is fully installed and ready for operations, intended to contribute substantially to the company's ongoing energy needs and support its long-term environmental goals.
The facility is situated at Karandewadi, connected to the Mahim, Solapur substation in Taluka Sangole, District Solapur, Maharashtra. The operational capacity of the plant stands at 1.0 MWp (DC), which utilizes a single axis tracker system.
The Permission to Commission granted by MSEDCL is set to be valid for a period of 30 days starting from July 02, 2026. Commercial evacuation of power generated from the facility will commence only after successful testing and inspection carried out by the designated engineer of MSEDCL, along with the completion of all other required formalities.
Key details regarding this operational approval are summarized below:
| Detail | Specification |
|---|---|
| Regulatory Authority | Maharashtra State Electricity Distribution Company Limited (MSEDCL) |
| Type of Approval | Permission to Commission (PTC) for Solar Power Plant |
| Plant Capacity | 1.0 MWp (DC) with single axis tracker |
| Location | Karandewadi, connected to Mahim, Solapur substation |
| Approval Validity Period | 30 days from July 02, 2026 |
Stock Price Movement
As of 12:47, shares of Krishanveer Forge Ltd are ticking down at ₹154.25, reflecting a decline of 1.47%. The stock traded within the intraday range, moving between a low of ₹151.00 and a high of ₹159.00.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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