Bharat Forge has invested Rs 11.37 crore, representing 8.98% of paid-up equity capital of Avaada SataraMH (ASPL). This investment has been made to enable the company to purchase solar power as Group Captive User. The investment is made by the company to get renewable energy which will benefit to the company from cost saving perspective.
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
