Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
Filatex India Signs PPA To Purchase Renewable Energy Updated On Thu, Jul 28th, 2022 by Saurenergy Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […] Read more