Linde India has invested a sum of Rs 4.79 crore in FP Solar Shakti towards subscription of 16,50,465 equity shares (18.29%) of face value of Rs 10 each (allotted at a premium of Rs 19.01 each). The objective of acquisition is to purchase 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.