DMCC SPECIALITY CHEMICALS LIMITED has informed the Exchange about Agreements
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DMCC Speciality Chemicals has signed a Power Purchase Agreement (PPA) on May 16, 2025 with AMPYR Renewable Energy Resources Twelve B Private Limited, a solar power company. The purpose is to source solar power as a captive user under the Electricity Act, helping the company lower its electricity costs. AMPYR is a relatively new entity, incorporated in October 2023, and is not a related party to DMCC. A Shareholders' Agreement is still being finalised, and cash consideration is involved. No financial details such as deal size, tariff, or contract duration have been disclosed yet.
This is a routine cost-optimisation move rather than a growth trigger — it signals a shift towards cheaper, renewable captive power, which could modestly improve margins over time. No material revenue or order impact is evident from the disclosure.