Torrent Power Plans 50 MW Solar Projects for ARS Steel's Power Needs
POWER & RENEWABLE ENERGY

Torrent Power Plans 50 MW Solar Projects for ARS Steel's Power Needs

Torrent Power, known for its involvement in power generation, transmission, and distribution, has announced plans to construct solar projects with a capacity of 50 MW to supply clean energy to ARS Steel & Alloy International (ARS). According to Torrent Power, ARS will hold a minimum of 26% equity shares in Torrent Urja 14 (TU14), a subsidiary tasked with implementing these solar projects.

The Subscription and Shareholders' Agreement (SSSA), recently signed among Torrent Power, ARS, and TU14, outlines the terms for supplying power through the development of solar power generating projects in Tamil Nadu. Under the agreement, ARS will receive power via open access from TU14's projects to its production facilities.

Torrent Power's diversification also extends to manufacturing and supplying power cables. The company's commitment to sustainable energy solutions is underscored by its initiative to expand solar power infrastructure, enhancing ARS's access to clean electricity.

Torrent Power, known for its involvement in power generation, transmission, and distribution, has announced plans to construct solar projects with a capacity of 50 MW to supply clean energy to ARS Steel & Alloy International (ARS). According to Torrent Power, ARS will hold a minimum of 26% equity shares in Torrent Urja 14 (TU14), a subsidiary tasked with implementing these solar projects. The Subscription and Shareholders' Agreement (SSSA), recently signed among Torrent Power, ARS, and TU14, outlines the terms for supplying power through the development of solar power generating projects in Tamil Nadu. Under the agreement, ARS will receive power via open access from TU14's projects to its production facilities. Torrent Power's diversification also extends to manufacturing and supplying power cables. The company's commitment to sustainable energy solutions is underscored by its initiative to expand solar power infrastructure, enhancing ARS's access to clean electricity.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement