JV/AcquisitionAcquisition
ACC Limited has announced the acquisition of a 26% equity stake in Amplus Andhra Power Private Limited for approximately ₹5.31 Cr.
ACC LimitedACC · Filed with the exchange
This strategic investment boosts ACC's energy self-sufficiency, allowing it to off-take electricity from Amplus Andhra's renewable energy projects for captive consumption.
Amplus Andhra Power, an Infrastructure and Renewable Energy firm with an FY25 turnover of ₹8.54 Cr, helps ACC secure its power supply.
This move enhances operational efficiency and strengthens backward integration, a key for long-term value creation.
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