Cemtrex to Venture Into Renewable Energy Projects

01-Sep-2015 #Company News Source: Market Watch

Cemtrex has announced to venture into the emerging renewable energy sector in India and plans to set up a wholly owned subsidiary in India to setup and operate a 100 MW solar power plant. The company is in talks with several state agencies in India that are providing incentives to independent developers for procurement of energy in phased manner over a 25 year period.

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