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Xpro India to acquire 26% stake in TP Mercury

14 Sep 2023 Evaluate

Xpro India has entered into a Share Purchase Agreement (SPA) on September 13, 2023 with Tata Power Renewable Energy and TP Mercury to acquire 26% of the equity share capital of TP Mercury. The acquisition is for the sourcing of Solar Power (3.125 MW) through Open Access for the Ranjangaon Unit of the Company under Group Captive Scheme.

Xpro India is a diversified multi-divisional, multi-locational company with a strong commitment to the polymer processing industry.

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