Rama Steel Tubes Limited — Updates, 05-06-2025: Press Release (Revised)

Rama Steel Tubes has acquired a 10% stake in a 225 MW solar project in Maharashtra, securing PPAs at ₹3.04/unit for 25 years. This venture adds an annual revenue stream of ₹10.8 Cr, diversifying income beyond steel manufacturing and strengthening the company’s presence in the renewable energy space, aligned with its ESG objectives.