Shree Digvijay Cement Co to invest Rs 8 cr in renewable power for captive consumption

13 Apr 2022 , 01:34 AM

Shree Digvijay Cement Co has executed a share purchase agreement with Trinethra Renewable Energy power producer and Continuum Green Energy India promoter for making investment of about Rs 8 crore constituting 27Percentage of the paid up share capital of the power producer for a contracted capacity of 810 MW hybrid wind and solar power This hybrid power contract will generate about 37Percentage of total power requirement of the plant and put together with WHRS will constitute over 65Percentage of the total power needs of the company with a considerable savings in the cost of power and environment footprint