Corporate News     22-Jul-23
Orient Cement acquires stake in renewable energy companies
To set up solar power plants for captive use
Orient Cement has entered into Share Subscription and Shareholders' Agreement with Ardeur Renewables and Cleantech Solar India OA 2 on 21 July 2023 for acquisition of 28.52% stake in the share capital of Ardeur Renewables for putting up two solar power plants with capacity of 16 MWdc in Karnataka (Project 1) and capacity of 5.5 MWdc in Maharashtra (Project 2), under Captive Scheme.
Previous News
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