India Cements Acquisition of Stake in First Energy 8 Private Limited
Sector: Wind • Location: Tamil Nadu, India
Source: Scanx
India Cements has acquired a 10.76% equity stake in First Energy 8 Private Limited (FE8PL), a subsidiary of Thermax, through a share subscription and shareholders agreement. The acquisition aims to secure green energy supply and optimize operational costs by utilizing 21.84 MW wind power from FE8PL's project in Mondipatti, Tamil Nadu. The transaction includes a Captive Power Agreement and is struc
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | India Cements has acquired a 10.76% equity stake in First Energy 8 Private Limited (FE8PL), a subsidiary of Thermax, through a share subscription and shareholders agreement. The acquisition aims to secure green energy supply and optimize operational costs by utilizing 21.84 MW wind power from FE8PL's project in Mondipatti, Tamil Nadu. The transaction includes a Captive Power Agreement and is structured to meet India Cements' green energy requirements and regulatory compliance for captive power consumption. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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