Vardhman Textiles Amends Pact With ReNew Green For Hybrid Power Plant

Vardhman Textiles Ltd. on Saturday said it has completed an amended share subscription and shareholders' agreement with Renew Green Energy Solutions Pvt. Ltd. and Renew Green Pvt. Ltd. for an 11.5 megawatt wind and solar hybrid power project in Madhya Pradesh.

The project location has been changed within the state, though the new site was not disclosed, the company said in an exchange filing.

The company had originally announced the agreement on May 2, 2023. Under the deal, the power generated by the plant will be supplied exclusively to Vardhman Textiles.