Emami Group to demerge solar power assets from Emami Cement

The Emami Group (India) is demerging its solar power assets from Emami Cement, consolidating the renewable energy assets under Emami Power, which controls 300MW aggregate capacity.

The demerger of the solar power business of the cement company comprises a 10MW plant located at Gujarat Solar Park in Patan and a 3MW plant located at Perunali in Tamil Nadu.

Emami Cement will now concentrate solely on its core business.