Sandhar Technologies Limited has informed the Exchange about Agreements M/s Sandhar Technologies Limited has executed a Power Purchase Agreement (PPA) with M/s Clean Renewable Energy KK 1A Private Limited.
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Sandhar Technologies has signed a 25-year Power Purchase Agreement with Clean Renewable Energy KK 1A Private Limited to buy contracted renewable energy for its group-level facilities. The move is aimed at improving environmental sustainability and reducing long-term energy costs. This follows an earlier intimation dated 22nd May, 2025 on the same matter. Specific investment details will be disclosed later when the company enters into a Share Subscription and Shareholders' Agreement.
This is a long-term operational and sustainability initiative, not a revenue-generating contract. It may help the company lower energy expenses over time and support ESG goals, but is unlikely to materially move the stock in the near term. Investors should watch for the follow-up disclosure on the investment quantum.