JK Cement Limited — JV/Acquisition, 15-04-2026: Acquisition

JK Cement has strategically invested ₹2.10 Cr in Mehrauni Electro Power Private Limited, acquiring a 9.77% stake. This move is pivotal for JK Cement's long-term renewable energy strategy, aiming to secure 7 MWp solar power for its Prayagraj plant through a Group Captive model. Mehrauni Electro Power, a new special purpose vehicle, is establishing a 40 MW AC solar power plant. This investment is set to boost operational efficiency and significantly enhance the company's energy independence.

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