TGV SRAAC Expands Solar Power Plant Capacity to 100 MW

TGV SRAAC, the flagship company of the TGV Group, has received approval to set up a further 40 MW solar power plant, in addition to its existing 60 MW capacity. The combined capacity of 100 MW will be funded through internal accruals and bank finance. This expansion is a significant step towards increasing the company's renewable energy footprint and reducing its carbon footprint. TGV SRAAC is a leading producer of Chlor-Alkali products, Chloromethane, Castor Derivatives, and Fatty Acids.

Key Takeaways:

• TGV SRAAC has received approval to set up a 40 MW solar power plant, in addition to its existing 60 MW capacity.
• The combined capacity of 100 MW will be funded through internal accruals and bank finance.
• The solar power plant expansion is a significant step towards increasing the company's renewable energy footprint and reducing its carbon footprint.
• The project's cost is around Rs 120 crore, to be funded through internal accruals and bank finance.
• TGV SRAAC is a leading producer of Chlor-Alkali products, Chloromethane, Castor Derivatives, and Fatty Acids.
• The company's 37.90 MW solar power plant has already completed works and started power generation.
• The remaining 22.10 MW solar power plant works are in progress satisfactorily.

Statistics:

• The total capacity of the solar power plant expansion is 100 MW.
• The combined cost of the project is around Rs 120 crore.
• The expansion will be funded through internal accruals and bank finance.
• TGV SRAAC has a existing capacity of 60 MW, with 37.90 MW already completed and generating power.
• The company is a leading producer of specialized chemicals, with a portfolio of products including Chlor-Alkali, Chloromethane, Castor Derivatives, and Fatty Acids.

Sources:

• TGV SRAAC's announcement of the solar power plant expansion (no specific date or reference).
• Company profile: TGV SRAAC (formerly known as Sree Rayalaseema Alkalies and Allied Chemicals), as mentioned in the original text.