UltraTech Cement Limited agreed to acquire an unknown minority stake in 30.85 MW hybrid project with battery and 3.54 MW Solar project in Rajasthan and Odisha.

UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire an unknown minority stake in 30.85 MW hybrid project with battery and 3.54 MW Solar project in Rajasthan and Odisha on July 17, 2024. A cash consideration will be paid by UltraTech Cement Limited. As part of consideration, an undisclosed value is paid towards assets of 30.85 MW hybrid project with battery/3.54 MW Solar project in Rajasthan and Odisha.