DCM Shriram signs agreement for 58 MW renewable energy project
pre-market1 source ↓written by the desknot a recommendation
- across its sites
- 176 MW
- ₹105 cr
- in Serentica Renewables
- 26% equity stake
DCM Shriram Limited has signed a definitive agreement with Serentica Renewables for a 58 MW peak hybrid renewable energy project in Bharuch, Gujarat. This initiative will increase DCM Shriram’s total renewable capacity to 176 MW across its sites. The project, expected to be commissioned by June 2027, involves an investment of up to ₹105 cr for a 26% equity stake in Serentica Renewables.
Not investment advice. For informational purposes only.