Linde India has invested a sum of Rs 7.69 crore in FPEL Surya towards subscription of 15,39,000 equity shares (26%) of face value Rs 10 each (allotted at a premium of Rs 40 each). The Object of acquisition is to purchase of renewable power under captive mechanism, which will result in a lower tariff and consequent cost savings.
Linde India is engaged in manufacturing of industrial gases and undertaking engineering projects.