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 to convene board meeting
 ( Corporate News - 06-Nov-21   14:30 )
  India Glycols consolidated net profit declines 39.89% in the March 2023 quarter
 ( Results - Announcements 25-May-23   07:34 )
  India Glycols schedules AGM
 ( Corporate News - 28-Aug-21   17:28 )
  India Glycols standalone net profit rises 197.21% in the September 2018 quarter
 ( Results - Announcements 02-Nov-18   08:56 )
  India Glycols and Clariant form JV Clariant IGL Specialty Chemicals
 ( Corporate News - 01-Jul-21   09:24 )
  Board of India Glycols recommends final dividend
 ( Corporate News - 29-May-24   10:49 )
  India Glycols consolidated net profit declines 87.54% in the June 2020 quarter
 ( Results - Announcements 13-Aug-20   17:43 )
  India Glycols Ltd leads gainers in 'A' group
 ( Hot Pursuit - 29-Dec-21   12:00 )
  India Glycols consolidated net profit declines 33.01% in the March 2020 quarter
 ( Results - Announcements 24-Jun-20   18:04 )
  India Glycols consolidated net profit declines 7.56% in the September 2019 quarter
 ( Results - Announcements 12-Nov-19   17:38 )
  India Glycols standalone net profit rises 6.03% in the June 2017 quarter
 ( Results - Announcements 10-Aug-17   16:41 )
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