India-based JK Lakshmi Cement Ltd, part of JK Organisation, has announced it will acquire a 20.80 per cent stake in Amplus Helios Pvt Ltd, a special purpose vehicle to set up a 50MWAC solar power plant in Chhattisgarh, India. The stake will be bought for INR21.6m (US$0.25m).
The acquisition will enable JK Lakshmi Cement to secure the source of 40MWAC solar power for its Durg plant.

Cementir reports preliminary cement and clinker sales of 10.7Mt in 2024
The Board of Directors of Cementir Holding NV has released the preliminary unaudited consolida...