Hindustan Zinc to infuse Rs 350 cr for 26% stake in Serentica Renewables
Sat, Sep 3, 2022 1:55 PM

Hindustan Zinc to infuse Rs 350 cr for 26% stake in Serentica Renewables

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Hindustan Zinc announced on Saturday that it has signed a long-term renewable power delivery agreement with SPV Serentica Renewables India 4 Private Limited on September 2 for a maximum capacity of 200 MW. To meet the long-term power needs of Hindustan Zinc under PDA, the company will invest Rs 350 crore for a 26% stake in the special purpose vehicle, which was established on February 18.

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