“Indian multinational pharmaceutical company Cipla Limited entered into a share subscription and shareholders agreement along with a power purchase agreement (PPA) to acquire a 32.49% stake on a fully diluted basis in AMP Energy Green Eleven Private Limited.
Amp Energy will commission a 16 MWac captive open access solar project in Osmanahad to supply power to Cipla under a long term PPA of 25 years”
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Joshi, Arjun. Mercom 8 February 2022.