Company Update
Company Update
The Board has accorded their in-principle approval for incurring capital expenditure towards repowering/ replacement of the existing windmills situated at Aralvoimozhi, Tamil Nadu and upgration / modernization of equiment at the the enginering division of the company at an overall estimated capital outlay of Rs.20 crores (approx), in order to improve operational efficiency, enhance power generation capacity, reduce maintenance costs and ensure long-term sustainability of the operations of the Company. The implementation of the aforesaid capex projects would be carried out in a phased manner, subject to detailed evaluation and necessary approvals as may be required in this regard, with the expected completion timeline being March 31, 2027.
The Board has accorded their in-principle approval for incurring capital expenditure towards repowering/ replacement of the existing windmills situated at Aralvoimozhi, Tamil Nadu and upgration / modernization of equiment at the the enginering division of the company at an overall estimated capital outlay of Rs.20 crores (approx), in order to improve operational efficiency, enhance power generation capacity, reduce maintenance costs and ensure long-term sustainability of the operations of the Company. The implementation of the aforesaid capex projects would be carried out in a phased manner, subject to detailed evaluation and necessary approvals as may be required in this regard, with the expected completion timeline being March 31, 2027.