Heavy rainfall and subsequent flooding in Tamil Nadu have led to inundation of the solar power plant of the step-down subsidiary, First Energy, in Tamil Nadu
Thermax said the company is trying to restore normal functioning at a solar power project and an under-construction plant of its step-down subsidiary in Tamil Nadu, which were inundated by floods.
"Heavy rainfall and subsequent flooding in Tamil Nadu have led to the inundation of the Solar Power Plant of our step-down subsidiary, First Energy 4 Pvt Ltd, and the under-construction plant of our step-down subsidiary, First Energy 6 Pvt Ltd, located in Tamil Nadu," a BSE fling said.
The company said it is taking necessary measures in coordination with relevant teams and authorities to restore normalcy and resume operations in a phased manner, subject to the receding of water levels, the resumption of normalcy in power supply, and material movements.
"Necessary steps for restoration have been taken, and we have intimated insurers," the company said.
"The delay in communication is due to our inability to connect with the local team promptly as we sought to understand the impact on our operations," it stated.