KSB has entered into Power Purchase Agreement and Share Subscription and Shareholders’ Agreement to invest in equity shares amounting upto to Rs 2.3 crore, in Sunsure Solarpark Fifteen. This investment is intended for the purpose of solar power captive consumption, as per the provisions of the Electricity Act, 2003. The completion of acquisition i.e. subscription of shares will be completed in tranches as mutually agreed by the parties tentatively within 6 months from execution of agreement.
KSB is one of the world’s leading manufacturers of pumps and industrial valves. It is the brand with the greatest technical expertise in pumps and valves.
