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Elin Electronics gets nod to make investment upto Rs 1.40 crore in Sunsure Solarpark Six

30 May 2023 Evaluate

Elin Electronics has received approval for investment upto Rs 1.40 crore in equity shares of Sunsure Solarpark Six for solar power captive consumption as required under the provisions of the Electricity Act, subject to applicable laws. The objective of the investment is to reduce the power cost of Ghaziabad (U.P.) Plant, by way of shifting towards the solar power energy which is cost effective and environment friendly. The Board of Directors of the company at its meeting held on May 30, 2023, approved the same.

Elin Electronics is a leading electronics manufacturing services (EMS) provider.


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