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Bharti Airtel acquires minority stake in Avaada CleanTN Project

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Capital Market
Last Updated : Mar 09 2022 | 6:50 PM IST

For procurement of renewable energy for captive consumption

Bharti Airtel has entered into an Agreement resulting into acquisition of aggregate 9.012% equity stake in Avaada CleanTN Project, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.

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First Published: Mar 09 2022 | 6:26 PM IST

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