Transrail Lighting Limited (TRANSRAILL)
Press Release
Transrail to enter renewable power generation via 49% stake in 990 MW solar portfolio in Maharashtra
- Board approved acquisition of 49% equity in NOPL Pace Green Energy Pvt Ltd for Rs 20 cr
- Project under PM-KUSUM scheme with 25-year PPA at Rs 3.10/unit with MSEDCL
- Total project cost approx Rs 3,900 cr; debt financing sanctioned
- Investment offers financial and project management control; option to increase stake to 100%
- Strategic benefits: entry into renewables, leveraging EPC expertise, value chain participation, diversification
Source: Original filing PDF
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🚨 TRANSRAILL — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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