Sangam (India) Ltd signed an EPC agreement with IB Vogt Solar to build a 27 MW solar plant. The project strengthens its sustainability drive, reduces energy costs, and supports India’s renewable energy mission. The partnership highlights Sangam’s commitment to clean energy and operational efficiency in a competitive industrial landscape.
Sangam (India) Ltd, a diversified textile and infrastructure company, announced that it has signed an Engineering, Procurement, and Construction (EPC) agreement with IB Vogt Solar to develop a 27 MW solar power plant. The move underscores Sangam’s commitment to sustainability and renewable energy adoption.
Key Highlights
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EPC Agreement: The partnership with IB Vogt Solar ensures end-to-end execution of the 27 MW solar project, covering design, procurement, and construction.
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Capacity Addition: The plant will add 27 MW of clean energy capacity, supporting Sangam’s broader sustainability goals and reducing reliance on conventional power sources.
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Strategic Importance: This initiative aligns with India’s renewable energy targets and highlights Sangam’s role in contributing to the national clean energy mission.
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Operational Impact: The solar plant is expected to lower energy costs for Sangam’s operations while reducing its carbon footprint.
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Industry Context: With rising demand for green energy, partnerships between industrial firms and global solar developers are becoming increasingly vital.
This development positions Sangam India as a forward-looking player in the renewable energy space, enhancing both its operational efficiency and environmental responsibility.
Sources: Reuters, Economic Times, Business Standard