CONCORD BIOTECH : ACQUIRES 27.38% STAKE IN FSGE RENEWABLE POWER FOR RS 6.3 CR

• Concord Biotech to invest ₹6.3 Crores for 27.38% equity share capital in FSGE Renewable Power Private Limited. • FSGE is setting up a hybrid renewable energy plant in Gujarat with 6.3 MW Wind and 6.3 MWp Solar capacity. • The investment aligns with the company's commitment to sustainability and reducing its carbon footprint. • FSGE is yet to commence its commercial operations and will become an associate of Concord Biotech upon acquisition.

Concord Biotech Ltd

Open attachment

← Back to feed