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 declines 19.48% in the December 2021 quarter
 ( Results - Announcements 12-Feb-22   08:08 )
  India Glycols announces cessation of director
 ( Corporate News - 01-Dec-23   09:57 )
  Gateway Distriparks to acquire a rail connected inland container depot
 ( Corporate News - 01-Nov-22   08:55 )
  Board of India Glycols approves sale of stake held in JV to Gateway Distriparks
 ( Corporate News - 01-Nov-22   08:52 )
  India Glycols incorporates wholly owned subsidiary - IGL Chemicals and Services
 ( Corporate News - 08-Mar-21   11:27 )
  India Glycols schedules AGM
 ( Corporate News - 28-Aug-21   17:28 )
  India Glycols to declare Quarterly Result
 ( Corporate News - 07-Feb-19   10:03 )
  Board of India Glycols recommends dividend
 ( Corporate News - 02-May-18   14:53 )
  Board of India Glycols recommends final dividend
 ( Corporate News - 25-May-23   11:45 )
  India Glycols to table results
 ( Corporate News - 24-Apr-18   12:11 )
  India Glycols allots equity shares
 ( Corporate News - 01-Oct-12   10:35 )
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