Lords Chloro Alkali Ltd. Approves Power Supply Agreement and Share Purchase Agreement with CGE II Hybrid Energy Pvt. Ltd.

In a recent Board Meeting, Lords Chloro Alkali Ltd. approved the execution of the Power Supply Agreement and Share Purchase Agreement with CGE II Hybrid Energy Private Limited. The acquisition will enhance the source of renewable power supply by 10MW for its plant located in Alwar, Rajasthan. The company will acquire 10.10% equity shares of CGE II Hybrid Energy Pvt. Ltd. The transaction is expected to be completed by 30th June 2025. The company also approved a Lease Rent Agreement with Varahalakshmi Infrastructure Private Limited, a related party transaction.