Ramkrishna Forgings is planning multi-crore investments to set up around 85MW renewable energy capacity over the next 12 months, says PTI. Out of the planned 85MW, about 8MW roof-top solar project will be set up at the company's forging plants at Sariekella and Dugni in Jamshedpur at estimated investment of ₹ 35 crore, says CFO Mr. Lalit KhetanOur commitment is responsible business practices and dedication to reducing carbon footprint. We look to explore setting up another solar capacity of up to 75 MW in Jamshedpur, adds Mr. KhetanThe power generated will be used for captive consumption, reducing the company's dependence on grid power, he said.Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel and stainless steel forgings. The company also has presence in countries like the US, Mexico, Istanbul, Turkey and Belgium.
Ramkrishna Forgings is planning multi-crore investments to set up around 85MW renewable energy capacity over the next 12 months, says PTI. Out of the planned 85MW, about 8MW roof-top solar project will be set up at the company's forging plants at Sariekella and Dugni in Jamshedpur at estimated investment of ₹ 35 crore, says CFO Mr. Lalit KhetanOur commitment is responsible business practices and dedication to reducing carbon footprint. We look to explore setting up another solar capacity of up to 75 MW in Jamshedpur, adds Mr. KhetanThe power generated will be used for captive consumption, reducing the company's dependence on grid power, he said.Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel and stainless steel forgings. The company also has presence in countries like the US, Mexico, Istanbul, Turkey and Belgium.