India, Sept. 22 -- RMC Switchgears Limited has provided an update on key developments, including progress on its 1 GW Solar Module Manufacturing Plant in Jaipur, the award of a significant Rs 59.12 crore order under the Revamped Distribution Sector Scheme (RDSS), and its planned migration to the BSE Main Board.
The 1 GW solar module plant in Jaipur, a strategic investment of Rs 100 crore, is central to RMC's plan to expand its footprint in the renewable energy sector. While the initial target was to commence operations in October 2025, the timeline has been revised to the fourth quarter of the current financial year due to unavoidable delays. The company has secured funding through a mix of internal accruals and debt from SIDBI, allowing e...