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Autokast Starts Work on Solar Power Plant

As part of switching to renewable energy, Cherthala-based Autokast Ltd has begun work on a two-megawatt solar power plant. The ground-mounted solar power plant being set up on 6.5 acres of land could generate around 8,000 units (kWh) of electricity daily.

 

Officials said the plant would be made operational by May-June this year. “The work is progressing at a rapid pace. Solar power will help the company save a lot of money on electricity bills. Once the plant starts generating power at full scale, we will be able to save around Rs. 1 million per month. As a result, the cost of production of iron casting will come down and will help the company’s competitiveness,” said an official.

 

The plant is being set up at a cost of Rs. 100 million.

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