Key Takeaways
- Rudra Global Infra plans to establish 30 MW of renewable energy projects in Gujarat for captive usage.
- The company is developing a 3.3 MW wind project at a cost of Rs 32 crore, with 75% funding approved.
- Once operational, the wind turbine will enhance the company’s renewable capacity to 8 MW, producing around 1.7 crore units annually.
Renewable Energy Projects Underway
Rudra Global Infra is making significant strides in the renewable energy sector, focusing on establishing a 30-megawatt capacity primarily in Gujarat for its own use. This initiative is part of the company’s broader commitment to enhance its renewable energy portfolio.
Currently, Rudra Global Infra is in the process of setting up a 3.3-megawatt wind energy project, with the investment amounting to over Rs 32 crore. The company has informed investors that it has successfully secured a Bank Sanction Letter, enabling approximately 75 percent funding for this wind energy initiative.
In addition to the wind project, Rudra Global is actively exploring solar power projects and other equivalent renewable energy initiatives, targeting a total capacity of 25 to 30 megawatts. The extensive development in Gujarat exemplifies the company’s strategic focus on sustainability and renewable energy sources.
The 3.3 MW wind turbine installation is currently on schedule, with expectations for it to begin operations by December 2025. Upon completion, this wind turbine is projected to generate around 1.1 crore units of electricity annually. This development marks the fourth wind turbine to be installed by Rudra Global, which will raise its total renewable energy capacity to 8 megawatts, collectively able to produce around 1.7 crore units of power per year.
Rudra Global Infra Products Ltd, formerly known as MDICL, specializes in manufacturing thermo-mechanically treated bars and mild steel billets. The company’s ongoing projects signify its strong commitment to maximizing the utilization of renewable energy sources, positioning it favorably within the evolving energy market in India.
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