Ramkrishna Forgings will invest INR 35 crore to build a 7.82 MW solar power facility

Sariekella and Dugni in Jamshedpur investing INR 35 crore. The corporation, a combination of debt and equity would be used to fund the project. The power generated will be used for its captive consumption, reducing the company's dependence on grid power. The project will help the company achieve its environmental, social, and governance (ESG) vision and contribute to the larger goal of achieving a sustainable future, the company said in a media release.

Lalit Khetan, Executive Director and CFO, Ramkrishna Forgings Limited, said, “We are delighted to announce our investment in this renewable energy project, which demonstrates our commitment to sustainability and ESG principles. We believe that this project will assist us achieve our goal of carbon neutrality and marks a significant milestone in creating a cleaner, greener, and more sustainable future.”