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Dr. Reddy's Laboratories to invest in O2 Renewable Energy IX

17 Jul 2023 Evaluate

Dr. Reddy's Laboratories has entered into a Security Subscription and Shareholders’ agreement for consumption and supply of renewable energy, with TEQ Green Power XI and O2 Power SG Pte, for investment in O2 Renewable Energy IX (SPV). The Company and TEQ Green Power XI and/or its affiliate will invest in SPV in the ratio of 26:74.

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
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