Dalmia Cement to procure 10 MW solar power from Kilavikulam Rajalakshmi

For INR 3 crore (~ $330,000), Dalmia Cement will acquire a 35% stake in Kilavikulam Rajalakshmi while securing 10 MW of solar power in Tamil Nadu.

By Karthik Srivasthav G 11 Mar 2025 in Project Bytes India Bytes

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Dalmia Cement’s investment in Kilavikulam Rajalakshmi’s 10 MW solar project supports its RE100 target and carbon-negative goal for 2040. Image Credit/Source: Kelly/Pexels

Dalmia Cement (Bharat), an India-based cement manufacturer, has agreed to procure 10 MW of solar power from Kilavikulam Rajalakshmi’s captive plant in Tamil Nadu. The company will also acquire a 35% stake in the solar power developer for INR 3 crore (~ $330,000). Kilavikulam Rajalakshmi, a special purpose vehicle, was established for the 10 MW solar project. Dalmia Cement has set targets to achieve RE100 by 2030 and become carbon negative by 2040.

#TamilNadu #DalmiaCement #KilavikulamRajalakshmi #SolarPowerProcurement

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