B&B Triplewall Containers Acquires 6.50% Stake in Two Solar Energy Firms

B&B Triplewall Containers Ltd. has approved the acquisition of 6.50% equity stake in two solar energy companies, Manobaala Energy Private Limited and Natesan Energy Farm Private Limited. The acquisitions are pursuant to Power Purchase Agreements to ensure a stable and reliable power supply for the company's growing energy requirements. The cost of acquisition for Manobaala Energy Private Limited is Rs. 18,39,500/- and for Natesan Energy Farm Private Limited is Rs. 17,28,025/-. Both companies are involved in solar power generation and are based in India. The acquisitions are expected to be completed within 60 days.