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Varroc Engineering to establish Renewable Power Plants in Maharashtra

07 Sep 2023 Evaluate

Varroc Engineering along with its subsidiaries viz. Varroc Polymers and Durovalves India has entered into Power Purchase agreement with AMP Energy C&I Twenty-One, AMP Energy C&I Twenty and AMP Energy C&I Twenty-Two (hereinafter referred to as SPVs) respectively, for acquisition of 26% stake in the said SPVs for establishing Renewable Power Plants in Maharashtra having combined captive capacity of 33.10 MWp / 22.01 MWac, under Captive Power Scheme.

Varroc Engineering is a global tier-1 automotive component group.

Peers
Company Name CMP
SamvardhanaMotherson 164.00
Tube Investments 2580.20
Bosch 48190.00
UNO Minda 1226.05
Bombay Burmah Trdg. 1481.95
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