Nandan Denim to Buy 6.1% Stake in Renewable SPV for Green Power

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2026-04-21 08:38:33 -

Nandan Denim Limited, a Gujarat-based textile manufacturer, has approved an agreement to acquire a 6.1% equity stake in Opera Vayu (Narmada) Private Limited, a special purpose vehicle in the wind and solar power sector, for about Rs. 4 crore (US $429,000). This move reflects the growing adoption of renewable energy projects by textile companies, as they seek to reduce power costs,...

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