Ramkrishna Forgings planning to set up solar power project at Jamshedpur plants
3rd Mar 2023

Ramkrishna Forgings is planning to install a 7.82 MW capacity roof-top solar project at its existing forging plants in Seraikela and Dugni at Jamshedpur. Upon completion of the project, the power generated will be used for its captive consumption, reducing the company's dependence on grid power. The project will help the company to achieve its environmental, social, and governance (ESG) vision and contribute to the larger goal of achieving a sustainable future.

The total cost of the project is estimated to be around Rs 35 crore, which will be financed by a mix of debt and equity. The investment in this renewable energy project reflects Ramkrishna Forgings' commitment to responsible business practices and its dedication to reducing its carbon footprint.

Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger Side Frame Key and various other forgings items of Railway Coaches and Wagon.