Saint-Gobain Sekurit Buys 26% Stake in Solar Firm

ENERGY
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AuthorAarav Shah|Published at:
Saint-Gobain Sekurit Buys 26% Stake in Solar Firm
Overview

Saint-Gobain Sekurit India is investing about ₹1.51 Crore to take at least a 26% stake in Murli Solar Energy Private Limited. This investment aims to secure renewable energy for its operations through a Power Purchase Agreement.

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Saint-Gobain Sekurit Boosts Renewable Energy Supply

Saint-Gobain Sekurit India has announced an investment of INR 1,51,20,000 (approximately ₹1.51 Crore) to acquire a minimum 26% stake in Murli Solar Energy Private Limited. This strategic move will ensure a stable supply of renewable energy for Saint-Gobain Sekurit's operations, facilitated by a Power Purchase Agreement.

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