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Rama Steel Tubes sets up 1,100 megawatts per year solar power plant at Khopoli. In an interview to CNBC-TV18, Richi Bansal, Director of the company spoke about the new power plant and the latest happenings in the company.
Rama Steel Tubes on Monday informed that it has installed a solar project at Khopoli facility, Maharashtra.
Rama Steel Tubes gained 2.04% to Rs 135.05 at 9:30 IST on BSE after the company announced that it has installed solar project at Khopoli facility, Maharashtra.
Rama Steel Tubes announced that it has installed solar project at Khopoli facility, Maharashtra. This solar project will be generating 1100 MWh / Year of energy, same amount of energy needed to power the installed and upcoming capacities. The announcement was made after market hours yesterday, 19 June 2017.
The solar project has a capacity of 750 KWp and will generate the same amount of energy needed to power the current as well as the planned upcoming capacity. An array of 2400 solar panels carpets the land, converting sunlight into electrical currents. lt will save money and energy while also protecting the environment. The estimated amount of reduction in the Carbon Footprint will reduce by LL20 MT pa by reducing the emission of Carbon dioxide into the atmosphere.
Rama Steel Tubes, a leading manufacturer of ERW pipes, has said that it has bagged prestigious export orders worth ₹30 crore. The company will execute the orders from its facility at Delhi. This facility has an overall manufacturing capacity of 60,000 tonnes per annum. These orders will boost the performance of the company. In line with its vision of profitable growth, the company has been successful in further strengthening its presence in highly profitable geographies.
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