Constronics Infra Subsidiary Signs 25-Year Power Deal

Constronics Infra Ltd's subsidiary, Constronics Energy Solutions Private Limited, has entered into a strategic partnership and Captive Power Purchase Agreement with ELGI Equipments Limited and Tablets (India) Limited. Under this 25-year agreement, the partners will acquire a combined 31.15% equity stake in the subsidiary as designated Captive Users. They will off-take 7.85 MWp DC of solar energy, guaranteeing an initial annual revenue stream of approximately ₹5.20 Crores. This collaboration is expected to boost the subsidiary's net profit by 450% for the current year and ensures stable, sustainable growth over the next quarter-century.