Synergy Green Industries has made significant strides in its expansion project achieving key milestones. Notable developments include the eight MW solar project which is scheduled for completion by Q4/FY25.
Additionally, the foundry expansion is set to be completed by Q1/FY26. The company is also progressing on Phase-I of a 10,000 TPA machining capacity expansion with an expected completion by Q2/FY26.
With a positive business outlook Phase-II of the machining capacity expansion has commenced targeting completion by Q4/FY26. The company anticipates an annual revenue growth of approximately 13 percent.