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Bharat Forge makes additional investment of Rs 2.87 crore in ASPL

26 Dec 2020 Evaluate

Bharat Forge has made an additional investment of Rs 2.87 crore to use the remaining 8.20 megawatts (MW) solar power from Avaada SataraMH (ASPL). The company has agreed to use a total of 40.70 MW solar power from ASPL. As part of this, it earlier invested about Rs 11.37 crore in ASPL to use 32.50 megawatts.

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.

Peers
Company Name CMP
Bharat Forge 1851.10
Ramkrishna Forgings 677.95
MM Forgings 525.40
Happy Forgings 1872.95
Balu Forge Inds. 476.75
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