Deepak Fertilisers Completes ₹5 Cr Investment in First Energy

Deepak Fertilisers & Petrochemicals Corporation Ltd has completed its investment of ₹5 crore in First Energy 11 Private Limited and First Energy Private Limited. This investment represents a minimum of 26% equity stake (along with other captive users) in First Energy, aimed at facilitating wind-solar hybrid power for captive consumption. The company received 50,00,000 equity shares of First Energy, each valued at ₹10, on June 16, 2026. This move aligns with the provisions of the Electricity Act, 2003, and a corresponding Captive Power Agreement.