Cement News tagged under: Clean Max Terra
UltraTech Cement acquires 26% stake in Clean Max Terra29 December 2023, Published under Cement NewsUltraTech Cement has entered into a share subscription and shareholders agreement to acquire 26 percent equity shares of renewable energy company Clean Max Terra. The equity investment is up to INR202.5m (US$2.44m). Clean Max Terra, based in Mumbai, India, is a special purpose vehicle to set up 50MW AC/75MW DC solar power project on a captive basis in Saraipali Village, Mahasamund district, Chhattisgarh. The mostepve is part of UltraTech Cement’s strategy to meet its green power target ... |
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