Aurobindo Pharma to acquire 26 percent stake in solar energy company
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Telangana: Aurobindo Pharma has announced that the Company will be investing Rs.10.40 crores to acquire 26 percent equity and other securities of Swarnaaskshu Solar Power Private Limited, a company under incorporation.
The Board of Directors of Aurobindo has approved to enter into a power purchase agreement with Swarnaaskshu Solar Power Private Limited for purchase of solar power under the captive power policy of the Government of Telangana.
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