Amara Raja to invest in solar plant
POWER & RENEWABLE ENERGY

Amara Raja to invest in solar plant

Amara Raja Group's flagship company Amara Raja Batteries Ltd (ARBL) is setting up a 50 MW solar power plant in Chittoor district of Andhra Pradesh at Rs 220 crore.

The project is in line with the company's cost reduction and carbon footprint reduction initiative.

ARBL will set up a greenfield lead recycling unit with 100,000 tonne capacity as part of the overall lead procurement strategy.

ARBL reported net revenue from operations at Rs 1,960 crore in Q3 FY21 as compared to Rs 1,748 crore in the corresponding period of last fiscal. The profit before tax totalled is Rs 260 crore as against Rs 217 crore in Q3 FY20.

Image


Also read: Under-Rs 2.50 bids mark Andhra’s ambitious solar plants


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info



Amara Raja Group's flagship company Amara Raja Batteries Ltd (ARBL) is setting up a 50 MW solar power plant in Chittoor district of Andhra Pradesh at Rs 220 crore. The project is in line with the company's cost reduction and carbon footprint reduction initiative. ARBL will set up a greenfield lead recycling unit with 100,000 tonne capacity as part of the overall lead procurement strategy. ARBL reported net revenue from operations at Rs 1,960 crore in Q3 FY21 as compared to Rs 1,748 crore in the corresponding period of last fiscal. The profit before tax totalled is Rs 260 crore as against Rs 217 crore in Q3 FY20. Image Also read: Under-Rs 2.50 bids mark Andhra’s ambitious solar plantsMake in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?