CEAT has signed Limited Liability Partnership (LLP) agreement for making an investment of upto Rs 60 lakh, in one or one traches in Cleanwin Energy Five LLP, on such term and conditions as prescribed therein to acquire 26% of the capital of the LLP. The company has entered into a power delivery agreement with Cleanwin, who is in the business of owing, operating and maintenance of the captive power generating plant and supply of electricity.
CEAT is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.
