Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables
Biocon will acquire a 26% stake for ₹59 million
November 24, 2020
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Bengaluru-based biopharmaceutical company Biocon Limited will acquire a 26% equity stake in Hinduja Renewables Two Private Limited (HRTPL). Biocon would shell out ₹59 million (~$799,085) to purchase the stake, and the process would conclude by December 15, 2020.