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UltraTech Cement buys stake in renewable energy firm to cut power costs
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CNBC TV18 - Markets 3d ago

UltraTech Cement buys stake in renewable energy firm to cut power costs

UltraTech Cement Ltd has entered into an Energy Supply Agreement and a Share Subscription and Shareholders Agreement to acquire a 13.99% equity stake in FPEL Services Pvt. Ltd., a company engaged in the generation and transmission of renewable energy through wind power.

DPELENERGYGKENERGYGVPILIREDAJKCEMENTKPELOMPOWERSERVOTECHSWSOLARULTRACEMCOCapital GoodsConstruction
Jefferies met the management of four Adani Group companies; check key triggers and targets
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CNBC TV18 - Markets 5d ago

Jefferies met the management of four Adani Group companies; check key triggers and targets

Transmission opportunities worth ₹1.5 lakh crore, renewable capacity expansion to 50 GW, thermal power growth and a turnaround in the cement business are among the key themes highlighted by Jefferies after meeting the management of four Adani Group companies.

ADANIENTADANIPOWERGVPILJKCEMENTOMPOWERSERVOTECHCapital GoodsConstruction