DCM Shriram Share Price in Focus; Board Approves ₹87 Crore Investment for Bharuch Renewable Power Project

DCM Shriram Limited has approved an equity investment of up to ₹87 crore for renewable energy projects linked to its Bharuch plant in Gujarat. The decision was taken at the company’s board meeting held on 12 March 2026. 

The investment will be made in one or more tranches through special purpose vehicles (SPVs) that will be set up for the project. The company plans to hold a minimum 26% equity stake in these entities.  

Capital Expenditure for Project Facilities 

Apart from the equity investment, the board also approved capital expenditure of up to ₹130 crore. The amount is meant for infrastructure connected with the renewable power project at the Bharuch facility. 

This spending will go towards systems and related infrastructure required to support the generation and use of renewable electricity at the plant.  

Expected Increase in Renewable Power Supply 

The project is expected to provide around 48 MW of additional renewable power capacity for the Bharuch unit. Of this, about 30 MW is expected to be available round the clock, based on a 75% capacity utilisation factor. 

Once the project is operational, the plant’s renewable power supply is expected to increase from the current 50.4 MW to about 98.4 MW.  

Timeline for Completion 

The company indicated that the project is expected to be completed around June 2027. Additional information related to the investment structure and other terms will be shared later once they are finalised. 

Read More: Power Grid Share Price in Focus; Acquires Maharashtra Transmission Project SPV for ₹8.05 Crore! 

DCM Shriram Share Price Performance  

As of March 13, 2026, 12:33 pm, DCM Shriram share price was trading at ₹1,004.40, a 1.11% decrease from the previous closing price. 

Conclusion 

The investment and related spending are intended to support renewable power supply at the Bharuch manufacturing unit. Once completed, the project is expected to increase the availability of renewable electricity at the facility. 

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