Mukand Ltd
Tata Power arm inks pact to build 43.75 MW solar project for Mukand Ltd
Tata Power Renewable Energy Ltd (TPREL) on Friday said it has inked a pact for building a 43.75 MW captive solar project for Mukand Ltd, a Bajaj Group firm. Located at Jamkhed in Maharashtra, the installation will generate 99.82 MUs (million units) annually and is expected to offset 54,687 tonne CO2 emissions per year. As per the Power Delivery Agreement (PDA), TPREL will undertake the construction, operation, and maintenance of the captive solar power plant, Tata Power said in a BSE filing. The project is scheduled for commissioning by March 2024. The plant's primary objective is to fulfil Mukand's energy needs while promoting environment-friendly practices within their stainless-steel manufacturing operations. Shashibhushan Upadhyay, President, Mukand Ltd said with this addition, the total renewables capacity of TPREL reaches 7,946 MW, including 3,755 MW projects under various stages of implementation, and its operational capacity is 4,191 MW, which includes 3,185 MW solar and 1
 "Tata Power arm inks pact to build 43.75 MW solar project for Mukand Ltd")
CCI approves acquisition of stake in Mukand by Bajaj Group entities
The acquisition is in addition to the around 57.7 per cent of the issued and paid-up equity share capital presently held by the Bajaj Group.
 "CCI approves acquisition of stake in Mukand by Bajaj Group entities")
Up 113% in 4 weeks! This specialty steel stock now trades at 13-year high
Acuite Ratings & Research Limited upgraded the ratings of various credit facilities and exposures of the company with a 'stable' outlook
 "Up 113% in 4 weeks! This specialty steel stock now trades at 13-year high")
Mukand-Sumitomo forms Rs 11.81-bn JV for specialty steel business
The deal will enable Mukand to tap new business opportunities, increase exports and reduce its debt
 "Mukand-Sumitomo forms Rs 11.81-bn JV for specialty steel business")
