India: Dalmia Cement (Bharat) will procure 10MW of solar power from Kilavikulam Rajalakshmi’s captive plant in Tamil Nadu. The producer will also acquire a 35% equity share in the solar power developer.
Kilavikulam Rajalakshmi is a special purpose vehicle for the 10MW solar project. Dalmia Cement said the acquisition will increase its renewable power supply as part of its commitment to RE100 by 2030 and becoming carbon negative by 2040.