Yarn Maker Filatex India Inks Pact to Source Power from Wind-Solar Hybrid Project
Filatex will invest ₹103 million for a 26% stake in the project to attain the captive status
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Filatex India, a polyester filament yarn manufacturer, has entered into agreements with 100% subsidiaries of distributed solar company Fourth Partner Energy to procure renewable energy from the latter’s hybrid wind-solar open access power project as a captive consumer.