DCM Shriram Ltd has approved an investment of ₹217 crore to expand renewable energy capacity at its Bharuch facility in Gujarat, marking a significant step toward strengthening sustainable industrial operations.
The company’s board has approved a structured investment plan that includes up to 87 crore in equity participation through Special Purpose Vehicles (SPVs) and about 130 crore for building the project’s infrastructure. The goal of this project is to get more clean energy for its chemical manufacturing unit.
The expansion is expected to add nearly 48 MW of renewable energy capacity, including around 30 MW of round-the-clock power at an estimated 75% capacity utilisation factor. With this addition, the total renewable energy capacity at the Bharuch facility will increase from about 50.4 MW to 98.4 MW, significantly enhancing the plant’s green power usage.
The project should be done by June 2027, and it fits with the company’s long-term plan to make operations more reliable, use less traditional power sources, and improve energy efficiency.
DCM Shriram has decided to do this shows that it is still focused on using cleaner energy in its manufacturing processes while also making sure that energy is safe and costs are kept low. The company wants to help the environment and support long-term growth by increasing its use of renewable energy sources and lowering its overall carbon footprint in the next few years.
The investment underscores a broader industry trend where manufacturing companies are increasingly adopting captive renewable energy solutions to enhance resilience and meet evolving environmental standards.
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