JV/AcquisitionAcquisition
Meghmani Organics (MOL) is making a strategic investment of Rs. 3.63 Cr in Pro-Zeal Green Power Fifteen Private Limited.
Meghmani Organics LimitedMOL · Filed with the exchange
This secures MOL a minimum 26% stake to source 3.30 MW Wind-Solar Hybrid power from a new plant in Gujarat.
The move is crucial for MOL to meet its rising energy demands and achieve key sustainability goals.
By establishing a captive power source, MOL ensures a stable, green energy supply, aiming to reduce operational costs and bolster its environmental commitments.
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