Kirloskar Ferrous Industries Limited announced that the installation of the Solar Plant situated at Mantha, Helas, Jalna 431504, Maharashtra has been completed in Phase I with the capacity of 35 MW DC (out of total project capacity of 70 MW DC) and the operations of the Solar Plant have commissioned from 1 July 2024 upon receipt of the commencement certificate issued by 'M Maharashtra State Electricity Distribution Company Limited'. The sum of around 1380 million (net of recoverable taxes) has been incurred till date towards the capital expenditure and the same has been financed through internal accruals. Operations of the Solar Plant will benefit the Company by way of reduction in the power costs.