Bharti Airtel to acquire 26% stake in AMPSolar for Rs 8.4 crore

Date posted: Monday 21 October 2019

Telecom operator Bharti Airtel has signed a pact with AMPSolar Evolution to acquire 26 percent stake in the solar power firm for Rs 8.4 crore. The Sunil Bharti Mittal-led firm has signed an agreement with the renewable energy company to meet the green energy needs and optimise energy costs, as well as to comply with the regulatory requirement around consumption of electricity.

(Moneycontrol)