JK Lakshmi Cement's Solar Power Push & New Expansion
JK Lakshmi Cement has acquired a 26% stake in Ampin C&I Power to source solar power, investing Rs 4 crore in a 9.9 MWp project. This move underscores its commitment to clean energy. Additionally, a new grinding unit in Surat enhances its capacity to 18 MTPA.
- Country:
- India
JK Lakshmi Cement has announced a strategic acquisition of a 26% stake in Ampin C&I Power, facilitating access to solar energy through applicable captive power regulations.
The company is channeling Rs 4 crore into a 9.9 MWp solar project, aligning with its sustainability and cost-efficiency objectives, according to an official statement.
In related developments, the cement giant has also inaugurated a new 1.35 million tonnes per annum (MTPA) grinding unit in Surat, pushing its total installed capacity to 18 MTPA.
(With inputs from agencies.)
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