OTHER GROUP COMPANIES
market

Biocon to acquire up to 26% stake in a solar power company

Biocon to acquire up to 26% stake in a solar power company

June 29, 2022 7:26 IST | capital market
Biocon has entered into an agreement for the purpose of acquisition of solar power by acquiring equity stake up to 26% in AMPYR Renewable Energy Resources Eleven (AREREPL), a Special Purpose Vehicle formed for generation and supply of solar power. AREREPL was incorporated on 13 April 2021, which will engage in the business of power generation and will develop a 30 MWac solar power plant in Benkanhal Village Kanakagiri Taluk, Koppal District of Karnataka. The acquisition is for purpose of enhancing the renewable based power consumption. Powered by Capital Market - Live News

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity