Vodafone Idea invests Rs 1.56 crore in Aditya Birla Renewables SPV 3 to secure captive green energy – Details here
Shares of Vodafone Idea were down 1.08 per cent today after the telecom major announced that it has entered into binding Purchase and Power Purchase Agreements (PPAs) on August 12, to acquire a 26 per cent equity stake in Aditya Birla Renewables SPV 3 Limited (ABRen SPV 3), a renewable energy special-purpose vehicle (SPV) formed for the purpose of owning and operating the Captive Power Plant.
