UltraTech Cement will acquire a 26 per cent stake in Solaris Horizon Energy, a special purpose vehicle promoted by Waaree Forever Energies, for up to `277.5 million. The SPV is developing a 65 MW solar power project in Chhattisgarh to supply renewable energy to UltraTech’s cement plants. The investment will support the company’s captive renewable energy strategy, helping reduce dependence on conventional power sources and improve sustainability across its manufacturing operations.

Contact: UltraTech Cement

Website: www.ultratechcement.com

Tel: +91-22-66917800

Email: ultratech.communication@ adityabirla.com