India: STLC RE 1 plans to build a captive solar power plant at JK Lakshmi Cement’s Sirohi cement plant in Rajasthan. Renewables Now News has reported that the plant will have a capacity of 29MW alternating current or 49MW direct current and be equipped with a 28MWh battery energy storage system. The partners expect a return on the investment within two years.
JK Lakshmi Cement plans to acquire a stake of at least 26% in STLC RE 1 Ltd for up to US$2.15m by the end of 2026.