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Grasim to Procure Solar Power from GMR Energy’s 10 MW Project

It will acquire a 29% stake in GMR’s SPV, GMR Kalinga Solar Power

November 27, 2025

/ Parth Shukla
/ C&I, Finance and M&A, Solar
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Grasim Industries, an Aditya Birla Group company, will invest ₹36 million (~$403,320.60) to acquire a 29% equity stake in GMR Kalinga Solar Power, a special-purpose vehicle of GMR Energy.

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Parth Shukla

More articles from Parth Shukla.
AcquisitionGMR EnergyGrasim IndustriesOdishaSPV Renewable Energy
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