Borosil Renewables revises project cost to ₹1,100 crore
after close1 source ↓written by the desknot a recommendation
- from the initial
- 15.8%
- will increase
- 1,000 TPD to 1,600 TPD
Borosil Renewables' board has approved a revised capex of ₹1,100 crore, up 15.8% from the initial estimate of ₹950 crore, for its solar glass expansion project in Bharuch, Gujarat. The capacity will increase from 1,000 TPD to 1,600 TPD. However, the commissioning timeline has been extended to March 2027 due to supply chain issues stemming from geopolitical tensions in the Middle East.
• Revised project cost: ₹1,100 crore
• Initial estimate: ₹950 crore
• Capacity increase: 1,600 TPD
• Commissioning delay: March 2027
This expansion is crucial for meeting growing demand in the renewable energy sector.
Not investment advice. For informational purposes only.