14.08.2026 17:42

Indian cement maker JK Lakshmi to invest in 42-MW solar project

STLC RE 1 plans to build a captive solar power plant at JK Lakshmi Cement’s Sirohi cement plant in Rajasthan.

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.

Region: India
Image source: Magnific
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