Asia
DCM Shriram Approves Additional INR 180 Million Investment for Additional 10 MW Renewable Capacity
DCM Shriram (NSE:DCMSHRIRAM, BOM:523367) has approved an additional equity investment of up to 180 million rupees in renewable energy special purpose vehicles to secure about 10 MW of extra renewable power capacity for its Bharuch facility.With this expansion, the plant's total contracted renewable energy capacity is expected to rise to around 108 MW, according to a stock exchange filing on Friday.Shares of the company rose nearly 1% in recent trade.
BOM:523367NSE:DCMSHRIRAM
