Tamilnadu Petroproducts has agreed to invest upto Rs 13.88 crore, which constitute 2.73% of paid-up equity capital of Dalavaipuram Renewables (DRPL) to meet the requirement of Captive power generation under Electricity Act, 2003. Earlier, the company had entered into an arrangement with Dalavaipuram Renewables to procure upto 59.93 million kWh power per annum (Solar & Wind).
Tamilnadu Petroproducts is primarily engaged in the manufacturing and sale of petrochemical products viz., Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide at it’s facilities situated at Manali, Chennai.
