Climate Samurai

Bharti Airtel dives into renewable space, acquires 5.2 percent stake in Avaada MHBuldhana

Published On Tue, Nov 24th, 2020

by CS News Network

Bharti Airtel dives into renewable space, acquires 5.2 percent stake in Avaada MHBuldhana

Bharti Airtel has dived into the renewable energy space announcing the acquisition of 5.2 per cent stake in solar power company Avaada MHBuldhana for Rs 4.55 crore in an all-cash deal. Avaada MHBuldhana Private Limited subsidiary of Avaada Energy Private Limited (AEPL), is a newly-formed company and developing a captive generating solar power plant in […]

Airtel enters into an agreement with AMPSolar to acquire 26 per cent stake

Published On Tue, Oct 22nd, 2019

by Santanu Mukherjee

Airtel enters into an agreement with AMPSolar to acquire 26 per cent stake

Telecom operator Bharti Airtel has entered into an Agreement with AMPSolar on October 18, 2019 for acquisition of 26 per cent Equity Shares and Compulsorily Convertible Debentures (CCOs) in the solar power firm for Rs 8.4 crore.] The Sunil Bharti Mittal-led firm has signed an agreement with the renewable energy company to meet the green […]