Shree Krishna Paper Mills To Buy 26.5 per cent Stake In Solar Firm

27 Apr 2026 CW Team

Shree Krishna Paper Mills has agreed to acquire a 26.5 per cent stake in a solar project firm and has entered into a power purchase agreement with the developer. The transaction secures a long term supply of renewable electricity for the industrial group and represents an extension of its energy portfolio into generation assets. Company executives described the arrangement as a strategic investment to support operational needs and sustainability goals.

The power purchase agreement sets out terms for the supply and pricing of solar power and establishes the duration and delivery schedule for the contracted energy. It will facilitate a predictable supply of renewable electricity that can be utilised across the company’s manufacturing facilities or supplied to the grid under prevailing regulations. The accord includes provisions for metering, scheduling and compliance with grid codes.

The equity investment gives Shree Krishna Paper Mills an ownership interest in the project company and aligns capital allocation with its broader decarbonisation objectives. The stake will provide the industrial group with closer visibility of generation performance and operational control over contracted output. The investment is also designed to strengthen energy security and reduce exposure to market price volatility for grid electricity. The company will monitor generation performance through regular reporting and oversight.

The move reflects a wider trend among industrial consumers to integrate renewable generation within their energy strategies and to secure long term power supply through direct investment and contractual arrangements. The company indicated that the transaction supports its sustainability reporting and long term planning and complements ongoing efforts to lower its carbon intensity. Regulatory approvals and customary closing conditions are to be completed before the acquisition is finalised.

Real Estate

23 May 2026

NKN Media Taps Jacqueline Fernandez for International Property Expo

NKN Media has announced Jacqueline Fernandez as the celebrity face of its International Property Expo 2026, scheduled in New Delhi on 4–5 July. Leveraging her international presence and fashion influence, Fernandez has already promoted the expo on her Instagram, enhancing its lifestyle appeal.The collaboration highlights NKN Media’s vision to present international real estate as part of lifestyle evolution and global mobility, beyond conventional investment discussions. The expo will feature premium opportunities from leading global destinations, connecting prospective buyers with internat..

Ammann India Launches CPB36 Truck Mounted Boom Pump

Ammann India has commercially launched the CPB36 truck-mountedom pump under the Ammann Elba brand, marking its entry into the concrete boom pump segment. Manufactured in Gujarat, the CPB36 is engineered for Indian conditions, complex concrete mixes, and large-scale construction projects, ncluding metro rail, highways, airports, industrial corridors, and residential developments.The CPB36 combines German engineering with Swiss precision and offers a 35.8 m vertical reach, 32 m horizontal reach, four-arm roll fold boom, and a maximum output of 100 m³/hr. Key features include the 2000 × 230 pum..

TDI Premier League 2026 Set to Kick Off in Kundli

TDI Infrastructure is launching the inaugural TDI Premier League from 23rd May 2026 at Dheer Dhoop Sports Academy, Kundli, Sonipat. The tournament brings together ten competitive teams, including Kingsbury Knights, Espania Royals, TDI Titans, and Kundli Tigers, celebrating cricket, teamwork, and community engagement.The event features league-stage matches, knockout rounds, and a grand finale on 7th June 2026. The winning team will receive a championship trophy recognising performance, dedication, and sportsmanship. Organised as a vibrant sporting initiative, the league aims to foster employee,..