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Promax Power acquires 24% stake in Promax Carbontier

06 Feb 2024 Evaluate

Promax Power has acquired 24% stake in Promax Carbontier. This strategic investment not only strengthens its commitment to sustainable practices but also promises to deliver enhanced value to Promax Power shareholders. Promax Carbontier's focus on climate change and carbon credit project development aligns seamlessly with its long-term vision. 

Promax Power is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. 

Peers
Company Name CMP
Larsen & Toubro 4162.20
Kalpataru Projects 1350.20
NCC 135.75
Rail Vikas Nigam 205.40
KEC International 340.25
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