Energy

DCM Shriram approves Rs 217 crore renewable energy expansion

The investment secures ~48 MW additional renewable energy supply, elevating Bharuch plant's total RE capacity from 50.4 MW peak to 98.4 MW

  • By ICN Bureau | March 14, 2026

DCM Shriram Limited's Board approved up to Rs 87 crore equity investment in one or more Special Purpose Vehicles for minimum 26% stake, plus Rs 130 crore capital expenditure for related infrastructure at its Bharuch Plant.

The investment secures ~48 MW additional renewable energy supply (~30 MW round-the-clock at 75% capacity utilization factor), elevating Bharuch plant's total RE capacity from 50.4 MW peak to 98.4 MW.

The completion is targeted for June 2027.

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