Jindal Stainless acquired an additional ~7% stake in Ampin C&I Three, taking its holding to 24.21%. The cash cost is ~₹5.08 crore for a 40 MW captive solar project.
Jindal Stainless's subsidiary, Chromeni Steels, acquired a 40% stake in Oyster Green Hybrid Four for ₹1.25 Crore to develop a 24 MW renewable energy project.
Jindal Stainless Limited has invested ₹23.41 Crore to acquire an additional 4.60% stake in Oyster Green Hybrid One Private Limited. This completes its ₹132 Crore commitment to the 282 MW hybrid renewable energy project, aimed at achieving net-zero carbon emissions by 2050.