RAMA Steel Tubes Expands into Renewable Energy with 225 MW Solar Power Initiative Jun 05, 2025
RAMA Steel Tubes has acquired an interest in a 225 MW PM-KUSUM solar power initiative, marking its entry into the renewable energy sector. This strategic move represents a significant diversification from the company's core steel business. The PM-KUSUM scheme aims to promote solar energy in agriculture. This expansion aligns with global sustainability trends and could diversify revenue streams, contribute to India's renewable energy goals, enhance the company's ESG profile, and position it for growth in the green energy sector.