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Shell To Acquire 49 Pc Stake In Cleantech Solar | Business Standard News

by business-standard.com posted 11months ago 101 views
Cleantech Solar Wednesday said Shell Eastern Petroleum (Pte) Ltd has signed an agreement to acquire 49 per cent stake in the company. It will be Shell's second major solar investment this year. The deal is expected to close in January 2019, a statement by Cleantech Solar said. According to the statement, Cleantech Solar will continue to operate under its existing management and name.