Grasim to Procure Power from ReNew’s Captive Solar-Wind Hybrid Project
The company would invest ₹153.1 million for a 26% stake in Renew Green Energy Solutions to procure power from its wind-solar hybrid open access project
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Grasim Industries Limited, a textile company of the Aditya Birla Group, signed a shareholders’ agreement with ReNew Green Energy Solutions and ReNew Surya Uday to procure renewable energy from its solar-wind hybrid open access power project as a captive consumer. It has also signed a power purchase agreement with ReNew Surya Uday.