MoneyWorks4Me

Gujarat Fluorochemicals’ arm acquires 100% stake in Sarayu Wind Power (Kondapuram)

28 Mar 2016 Evaluate

Gujarat Fluorochemicals’ step down subsidiary ‘Inox Wind Infrastructure Services’, has acquired 100% of equity shares of Sarayu Wind Power (Kondapuram) with effect from March 25, 2016. In view of the same, Sarayu Wind Power (Kondapuram) has become step down subsidiary of the company.

Gujarat Fluorochemicals, part of the $2 billion INOX group of companies, is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.


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