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Orient Cement to Buy Solar Under Group Captive Model from AMPSolar’s Open Access Project

The transaction is expected to cost ₹40.5 million

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Orient Cement, a subsidiary of Indian conglomerate CK Birla Group, announced that it would acquire a 26% stake in AMPSolar Systems Private Limited for ₹40.5 million (~$549,244) to set up a 13.5 MW solar project for captive power generation.

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