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Transrail Lighting Approves Rs 20 Crore Investment in Solar Project

Transrail Lighting plans to acquire a stake in NOPL Pace Green Energy, diversifying into renewable power generation. The project is associated with a 990 MW solar portfolio and a long-term electricity supply agreement.

TRANSRAILL

Transrail Lighting plans to acquire a 49 per cent stake in NOPL Pace Green Energy, expanding into renewable power generation. The arrangement includes a long-term electricity supply agreement. The company has approved an investment of Rs 20 crore to acquire the stake.