Jainam Ferro Alloys has finalized Tata Power Renewable Energy to establish a 20.7 MW AC/27 MW DC captive solar power plant.

This strategic project, costing Rs. 85 Cr, will be funded by internal accruals and banking facilities, with operations expected by March 2026. The plant aims to significantly reduce JAINAM's high power consumption costs for its Ferro plant, previously purchased from external suppliers.

This initiative is set to enhance cost efficiency and support the company's green efforts by reducing its carbon footprint.