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Carborundum Universal to Source Power from Cleantech Solar’s 18 MW Project

The company will acquire 29.58% equity shares in Cleantech’s SPV

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Material sciences engineering solutions provider Carborundum Universal (CUMI) has signed a power purchase agreement with Putrim Renewables, a special purpose vehicle (SPV) of renewable energy solutions provider Cleantech Solar, to procure power from an 18 MW solar project in Thoothukudi, Tamil Nadu.

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