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HEG Limited ( (IN:HEG) ) has issued an update.
LNJ Bhilwara Group has acquired Statkraft’s 49% minority stake in Malana Power Company Limited, making Bhilwara Energy Limited the sole owner. This acquisition enhances the Group’s renewable energy portfolio and positions it to expand in the power sale business, reinforcing its commitment to India’s clean energy future.
More about HEG Limited
HEG Limited is part of the LNJ Bhilwara Group, a prominent Indian business conglomerate with a significant presence in the power sector. The company focuses on renewable energy, particularly hydropower, and aims to contribute to India’s sustainable growth.
Average Trading Volume: 110,663
Technical Sentiment Signal: Buy
Current Market Cap: 95.08B INR
Learn more about HEG stock on TipRanks’ Stock Analysis page.