By: IPP Bureau
Last updated : January 03, 2024 10:35 am
AMP-6 & AMP-8 are special purpose entities formed for purpose of setting up captive solar power projects in Karnataka
Strides Pharma Science has received an approval for investment in the securities of AMP Energy C&I Six (AMP-6) and AMP Energy C&I Eight (AMP-8). The Management Committee of the Board of Directors of the Company in its meeting held on January 2, 2024, has approved the same.
AMP-6 & AMP-8 are special purpose entities formed for purpose of setting up captive solar power projects in Karnataka. The proposed arrangement is in line with Strides’ commitment to enhance usage of renewable power source in Strides’ operations.
Strides Pharma Science (Formerly Strides Shasun) is a pharmaceutical company with a major focus on development and manufacture of IP-led niche finished dosage formulations. It is also among the world’s largest manufacturers of soft gelatin capsules.