TGV Sraac , a prominent player in the chemical industry, has reported a significant production disruption due to a transformer failure at its facility. The company, known for its caustic soda and chlorine production, is now grappling with the consequences of this unexpected equipment malfunction.

Production Impact

The transformer failure has resulted in a substantial loss of production capacity:

Production loss is measured in Tonnes Per Day (TPD)

Duration and Resolution Efforts

The company estimates that this production disruption may continue for approximately 60 days. In response to this setback, TGV SRAAC Limited is taking proactive measures:

1. Collaborating with the supplier, Transformers and Rectifiers India Ltd., for rewinding the failed transformer.
2. Exploring alternative solutions to expedite the restart of operations.

Regulatory Compliance

In adherence to regulatory requirements, TGV SRAAC Limited has promptly informed the BSE Limited about this incident, as per Regulation 30 read with Schedule III Part-A Para-B of SEBI (LODR) Regulations, 2015.

Company Background

TGV SRAAC Limited, with its registered office in Kurnool, Andhra Pradesh, is part of the TGV Group. The company operates in the chemical sector, with a focus on the production of caustic soda and chlorine, which are essential raw materials for various industries.

This unexpected transformer failure presents a significant challenge for TGV SRAAC Limited. The company's ability to swiftly resolve this issue and resume normal production will be crucial in minimizing the financial impact and maintaining its market position in the chemical industry.

TGV Sraac , a prominent player in the chemical industry, has made significant strides in enhancing its energy infrastructure. The company recently announced two major developments that underscore its commitment to sustainable and efficient power generation.

Solar Power Expansion

TGV SRAAC has successfully expanded its solar power capacity by adding 5 megawatts peak (MWp) to its existing solar infrastructure. This addition brings the company's total solar power generating capacity to 55.40 MWp, up from the previous 50.40 MWp. The move demonstrates TGV SRAAC's ongoing investment in renewable energy sources and its efforts to reduce its carbon footprint.

New Steam Turbo Generator

In a parallel development, the company has commissioned a 10 MW back pressure steam turbo generator at its Co-Generation Power Plant. This state-of-the-art generator is designed for internal use, enhancing the company's self-sufficiency in power generation. The entire power output from this new generator will be utilized for the captive purposes of TGV SRAAC, potentially leading to reduced reliance on external power sources and improved operational efficiency.

Strategic Energy Management

These dual initiatives reflect TGV SRAAC's strategic approach to energy management. By diversifying its power sources and increasing its renewable energy portfolio, the company is positioning itself for more sustainable and cost-effective operations in the long term.

The expansion in both solar and steam-based power generation capabilities is likely to contribute to the company's overall energy security and may result in potential cost savings on energy expenses.

TGV SRAAC's proactive steps in augmenting its energy infrastructure align with the global trend towards cleaner and more efficient energy solutions in industrial operations. As the company continues to evolve its energy strategy, it sets an example for sustainable practices in the chemical manufacturing sector.

These developments were officially communicated to the BSE Limited, in compliance with regulatory requirements, demonstrating TGV SRAAC's commitment to transparency and timely disclosure of material information to its stakeholders.