JV/AcquisitionAcquisition
Century Enka Ltd. has acquired 3.7 million additional shares in ABREL Century Energy Ltd (ABRELCEL), a wind-solar hybrid energy SPV, for ₹3.70 Cr.
Century Enka LimitedCENTENKA · Filed with the exchange
This strategic move maintains Century Enka's 26% ownership, ensuring it continues to qualify as a captive power user.
This secures reliable and cost-effective energy for Century Enka's operations.
ABRELCEL, focused on renewable power generation, reported a turnover of ₹18.84 Cr last fiscal year.
This acquisition underscores Century Enka's commitment to operational efficiency and sustainable energy sourcing.
No comments yet. Be the first.