JK Cement Limited — JV/Acquisition, 27-04-2026: Acquisition
27-04-2026 · 06:41 pm
J. K. Cement has invested Rs. 4.22 Cr for a 26% stake in Truere Guj SPV, a company focused on renewable energy projects. This strategic move significantly strengthens J. K. Cement's long-term renewable energy strategy by securing a captive 70 MWp solar power supply. The SPV will establish a solar power plant in Rajasthan, crucial for providing clean energy to J. K. Cement's Nimbahera plant. This investment is set to enhance operational efficiency and reduce energy costs, marking a step towards sustainability and backward integration for power supply.
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