DREPL is engaged in generation of renewable energy with an initial focus on solar power. At the Global Investors Meet in January 2019 in Tamil Nadu, under the aegis of the Chief Minister, DREPL signed a MoU for commissioning utility scale solar farms in the State of Tami Nadu adding up to 1000MW to be delivered in the next 5-7 years. To realise this effort in a phased manner, on a property of over 500 acres owned by the Group, DREPL has started the construction of its first solar plant of 100MW capacity near Madurai which is expected to be one of the largest utility scale solar farms in the State.
Separately Dindigul Renewable plans to inorganically build its portfolio of wind and hydro power through appropriately priced and meaningful acquisition of assets in the sector.
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