Corporate News     19-Jan-23
India Glycols signs power delivery agreement with Renew Green
Also signs share subscription and shareholders' agreement
India Glycols has today i.e. 19 January 2023 has executed a Power Delivery Agreement with Renew Green (MHS TWO) (RGMTPL) to procure 17.5 MW AC Wind Solar Hybrid power, from grid connected Group captive Wind-Solar Hybrid Project proposed to be developed by RGMTPL at District- Solapur, Maharashtra (Hybrid Project).

Further, in order to comply with regulatory requirement for the Hybrid Project being a ‘group captive user' under Electricity laws, the Company has also entered into a Share Subscription and Shareholders' Agreement with ReNew Green Energy Solutions and RGMTPL to subscribe up to 4.50% shareholding of RGMTPL, in one or more tranches.

Previous News
  India Glycols consolidated net profit rises 51.98% in the September 2023 quarter
 ( Results - Announcements 04-Nov-23   07:32 )
  India Glycols standalone net profit rises 27.91% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   11:20 )
  India Glycols consolidated net profit declines 32.91% in the September 2022 quarter
 ( Results - Announcements 11-Nov-22   08:35 )
  India Glycols to convene AGM
 ( Corporate News - 19-Aug-23   15:53 )
  Board of India Glycols recommends final dividend
 ( Corporate News - 29-May-24   10:49 )
  Board of India Glycols recommends final dividend
 ( Corporate News - 27-May-22   14:20 )
  India Glycols to discuss results
 ( Corporate News - 27-Jan-24   15:40 )
  India Ratings places credit ratings of India Glycols on RWP
 ( Corporate News - 24-Mar-21   10:52 )
  India Glycols reports standalone net loss of Rs 17.58 crore in the March 2016 quarter
 ( Results - Announcements 26-May-16   18:09 )
  India Glycols to announce Quarterly Result
 ( Corporate News - 04-Aug-21   10:41 )
  India Glycols reports standalone net loss of Rs 19.18 crore in the September 2014 quarter
 ( Results - Announcements 10-Nov-14   08:11 )
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