New Launch10 Feb 2026, 06:12 pm
Yash Trading & Finance Ltd's Subsidiary, Solarfusion Renewables, Initiates Solar Power Project with Vasuki Cement
AI Summary
Yash Trading and Finance Limited's 100% subsidiary, Solarfusion Renewables Pvt. Ltd, has initiated the development of a solar power project through the formation of two Special Purpose Vehicles (SPVs) in association with Vasuki Cement Private Limited. The project, which will generate and supply solar power to Vasuki Cement Pvt. Ltd. under a long-term arrangement, is expected to strengthen the renewable energy portfolio of the company and provide stable recurring revenue.
Key Highlights
- Yash Trading and Finance Limited's subsidiary, Solarfusion Renewables, is initiating a solar power project with Vasuki Cement.
- The project will generate and supply solar power to Vasuki Cement under a long-term arrangement.
- The project is expected to strengthen the renewable energy portfolio of the company.
- The project will provide stable recurring revenue.
- The project will be implemented through Special Purpose Vehicles (SPVs) for supply of power to Vasuki Cement on captive/group captive basis.