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News JK Lakshmi Cement to acquire 21% stake in Amplus Helios

JK Lakshmi Cement to acquire 21% stake in Amplus Helios

Written by Global Cement staff 19 September 2023
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India: JK Lakshmi Cement has concluded a deal to acquire a 21% stake in solar power plant engineering company Amplus Helios. Amplus Helios was founded as a special purpose vehicle for the construction of a 50MW captive solar power plant at JK Lakshmi Cement’s 1.7Mt/yr Durg cement plant in Chhattisgarh. The Free Press Journal has reported that the solar power plant will cost US$26m.

Last modified on 20 September 2023
Published in Global Cement News
Tagged under
  • India
  • JK Lakshmi Cement
  • Amplus Energy
  • Amplus Sunshine
  • Solar power
  • Renewable energy
  • Chhattisgarh
  • Investment
  • Stake
  • GCW626
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