To source solar power for captive consumption
Uflex announced in corporation of a joint venture with AMPIN C&I Power in the name of AMPIN C&I Power Twenty on 01 August 2025.AMPIN C&I Power and Uflex Limited have agreed to subscribe to the share capital of the said joint venture company in proportion of 74: 26.
Pursuant to the above, AMPIN C&I Power Twenty has become an associate of Uflex.
AMPIN C&I Power Twenty will set up a solar power plant in Haryana. Uflex will buy solar power generated by AMPIN C&I Power on long term basis under the captive power plant policy which requires the captive user (i.e. Uflex) to have at least 26% shareholding in the generating company.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app