Orient Cement to Buy Solar Under Group Captive Model from AMPSolar’s Open Access Project

The transaction is expected to cost ₹40.5 million

December 4, 2020

/ Nithin Thomas
/ Finance and M&A, Solar
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Orient Cement, a subsidiary of Indian conglomerate CK Birla Group, announced that it would acquire a 26% stake in AMPSolar Systems Private Limited for ₹40.5 million (~$549,244) to set up a 13.5 MW solar project for captive power generation.

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Nithin Thomas

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AcquisitionAMP EnergyCaptiveCK BirlaOrientPowerRenewableSolar
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