MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni Updated On Wed, Oct 23rd, 2024 by Saurenergy Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
In a First for City, Chandigarh to Welcome Three Solar Plants with Robotic Cleaning Updated On Mon, Feb 20th, 2023 by Saurenergy Operated by the Municipal Corporation, three material recovery facility (MRF) centres are set to welcome rooftop solar energy power plants. These plants will boast of robotic cleaning equipment. This is a first such initiative for the city. The project, worth Rs 6.69 cr has received the green signal from Chandigarh Renewal Energy and Science and […] Read more