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Orient Cement to acquire 26% stake in AMPSolar Systems
India: Orient Cement has entered into a share purchase, subscription and shareholder s agreement with AMPTechnology and AMPSolar Systems. It will acquire a 26% stake in the latter for around US$0.6m. The Press Trust of India has reported that AMPSolar Systems is establishing a 13.5MW solar power plant in Maharashtra, where Orient Cement operates an integrated cement plant.
/Global Cement
UAECEMENT.COM
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Dec, 06,2020
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