Corporate News     27-Jan-24
Board of Swelect Energy Systems approves incorporation of subsidiary
At meeting held on 27 January 2024
The Board of Swelect Energy Systems has on 27 January 2024 approved the incorporation of a wholly owned subsidiary - SWELECT Sustainable Energy. This subsidiary will engage in generation of solar power by setting up solar power plant.

Once the proposals received from the industrial consumers have been materialized, the electricity generated by this subsidiary will be sold to the industrial consumers around Tamil Nadu based on the requirements of the respective consumers.

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