DCM Shriram invests ₹105 crore in hybrid renewable project

Nandy added that the project is expected to help avoid nearly 0.4 million tonnes of CO₂ emissions annually while improving cost efficiency by increasing the use of renewable power. The company also said the project provides greater visibility into long-term power costs and reduces exposure to fluctuations in conventional energy prices.

The deal reflects a broader push among Indian chemical manufacturers to secure renewable power for energy-intensive processes. DCM Shriram's chemical division consumes significant electricity for operations at Bharuch and Kota, and the hybrid structure – pairing solar from Rajasthan with wind from Karnataka – helps smooth intermittent supply.

Once commissioned, the project is expected to improve energy efficiency and reduce emissions, contributing to a more sustainable manufacturing base, the release said.