Sona BLW Precision Forgings Ltd.

BSE: 543300 | NSE: SONACOMS
Mid Cap | Auto Ancillary
569.40
3.65 (0.65%)
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Sona BLW Precision Forgings inks definitive documents with CleanMax

Date: 25-01-2024

Sona BLW Precision Forgings has executed the definitive documents with the CleanMax Enviro Energy Solutions on January 24, 2024 for setting up captive power generating facility in the state of Haryana, having solar capacity of 14.85 MWp for its operations Gurgaon and Manesar, Haryana, through a special purpose vehicle ‘CleanMax Calypso’ incorporated for this purpose.

Earlier, the company had executed Letter of Intents (LoI) on November 27, 2023 with CleanMax Enviro Energy Solutions (CleanMax) for setting up Captive Generating Plant with Solar Capacity of 14.85 MWp in the state of Haryana and 4.00 MWp in the state of Maharashtra.

Sona BLW Precision Forgings is one of the leading automotive technology companies in India. It is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc.