DCM Shriram will source 50 MW renewable energy from ReNew Power
POWER & RENEWABLE ENERGY

DCM Shriram will source 50 MW renewable energy from ReNew Power

DCM Shriram has committed to purchasing 50 MW of renewable energy from ReNew Power for its chlor-alkali production facility in Bharuch, Gujarat. DCM Shriram, a company that deals in chemicals, sugar, and fertilizers, and ReNew Power announced the signing of two captive power agreements.

According to a regulatory filing, the agreements call for the delivery of 50 MW of renewable energy from ReNew's two future projects in Bhavnagar, Gujarat, to DCM Shriram's chlor-alkali production facility in the Bharuch region.

Ajay S Shriram, senior managing director and chairman of DCM Shriram, said, “We as a group are committed to improving our energy footprint and this is a step in that direction.”

“With a long- term commitment towards ESG (environmental, social, and corporate governance), the captive power agreements for green energy have been signed for 25 years and will mitigate around 2,25,000 tCO2e (carbon emissions) annually," he added. The 50-MW hybrid project, which has over 100 MW of wind and solar producing capacity at its backend, is estimated to provide approximately 250 million units of renewable energy per year for the DCM Shriram's Bharuch site.

ReNew will establish the two hybrid projects with a total investment of roughly Rs 8 billion.

The DCM Shriram Group has revenue of Rs.98.49 billion. DCM Shriram's portfolio includes agri-rural businesses such as urea and sugar, as well as farm solution businesses that cover the entire range of agri-inputs and R&D hybrid seeds; chlor-vinyl businesses such as caustic soda, chlorine, calcium carbide, aluminium chloride, PVC resins, power, and cement; and value added businesses such as Fenestra Building Systems, which manufactures UPVC windows and doors.

See also:
Inox Wind bags 200-MW order from NTPC subsidiary
JV set up for renewable energy power plant for refineries


DCM Shriram has committed to purchasing 50 MW of renewable energy from ReNew Power for its chlor-alkali production facility in Bharuch, Gujarat. DCM Shriram, a company that deals in chemicals, sugar, and fertilizers, and ReNew Power announced the signing of two captive power agreements. According to a regulatory filing, the agreements call for the delivery of 50 MW of renewable energy from ReNew's two future projects in Bhavnagar, Gujarat, to DCM Shriram's chlor-alkali production facility in the Bharuch region. Ajay S Shriram, senior managing director and chairman of DCM Shriram, said, “We as a group are committed to improving our energy footprint and this is a step in that direction.” “With a long- term commitment towards ESG (environmental, social, and corporate governance), the captive power agreements for green energy have been signed for 25 years and will mitigate around 2,25,000 tCO2e (carbon emissions) annually, he added. The 50-MW hybrid project, which has over 100 MW of wind and solar producing capacity at its backend, is estimated to provide approximately 250 million units of renewable energy per year for the DCM Shriram's Bharuch site. ReNew will establish the two hybrid projects with a total investment of roughly Rs 8 billion. The DCM Shriram Group has revenue of Rs.98.49 billion. DCM Shriram's portfolio includes agri-rural businesses such as urea and sugar, as well as farm solution businesses that cover the entire range of agri-inputs and R&D hybrid seeds; chlor-vinyl businesses such as caustic soda, chlorine, calcium carbide, aluminium chloride, PVC resins, power, and cement; and value added businesses such as Fenestra Building Systems, which manufactures UPVC windows and doors. See also: Inox Wind bags 200-MW order from NTPC subsidiaryJV set up for renewable energy power plant for refineries

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?