JK Cement Limited — JV/Acquisition, 29-04-2026: Acquisition
29-04-2026 · 04:53 pm
JK Cement has invested 2.81 Cr to acquire a 26% stake in Truere Current Private Limited. This strategic move strengthens JK Cement's long-term renewable energy strategy, securing 40 MWp solar power for its Gotan plant. Truere Current, an SPV, is developing a solar power plant with a Battery Energy Storage System (BESS) for efficient energy management. This backward integration will help JK Cement reduce operational costs and enhance energy security by integrating green power into its operations. A smart move towards sustainability and efficiency.
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