Borosil Renewables 600 TPD Expansion Delayed: CFO Explains What Went Wrong | Business News
ET Now · 23 Sept 2026 · 10 min
Management interview of Borosil Renewables Ltd (BORORENEW), with 4 key numbers discussed.
- Shreevar Kheruka, Borosil Renewables
Borosil Renewables clarified that the delay in its 600 TPD expansion is roughly 45 days, with commissioning expected around late January, pushing commercial operations to the March 2027 quarter. The delay was primarily caused by skilled construction labor shortages, which are now resolved. Project costs increased due to rupee depreciation, new energy-saving technology, and future-ready infrastructure. The new tech is anticipated to cut furnace energy costs by 15-17%. The extra capex will be funded via internal accruals and Gujarat state subsidies without fresh borrowings.