Kay Cee Energy & Infra Limited has executed a Joint Venture Agreement with Josts Engineering Company Limited, leading to the formation of a new entity, Suryavayu Renewable and Energy Solutions Private Limited.

This joint venture, where both parties will hold 50% equity, aims to focus on executing EPC projects in the power sector and tapping into the renewable energy market.

With an authorized share capital of ₹10,00,000, the joint venture will commence operations soon, positioning itself for future growth in a rapidly expanding market.

The investment signifies a strategic move into renewable energy, aligning with industry trends and potentially enhancing shareholder value.

Investors should consider this development a positive opportunity for the company's trajectory in the energy sector.