Sona BLW Precision Forgings has terminated its captive solar power project in Chennai. The project was planned with the Cleantech Group. The company mutually ended the agreement, according to market reports on October 6. Shares of Sona BLW traded at 819.20 rupees on the NSE. The stock was up 3 percent. The captive project was meant to supply clean power to the company’s operations. No reason for the termination was disclosed in the market update. The development came on a day when benchmark indices rose. The Sensex gained 685.34 points to close at 73,067.81. The Nifty 50 rose 220.35 points to 22,776.10. Markets were focused on the RBI policy decision due on October 7. Sona BLW is an auto components maker. It supplies driveline and transmission parts to vehicle makers in India and abroad. The company has been expanding its presence in electric vehicle components. Captive solar projects help companies cut power costs and meet green targets. The termination ends one such plan for its Chennai operations. Investors will watch for the company’s next steps on renewable energy sourcing.