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Yinson acquires 37.5% stake in Indian power producer

KUALA LUMPUR: Yinson Holdings Bhd has entered into multiple agreements to acquire 37.5% equity interest in an India-incorporated company, Rising Sun Energy Pte Ltd, which has two operational solar plants in the Bhadla Solar Park, Rajasthan. The agreements were entered through Yinson’s unit, Yinson Renewables (S) Pte Ltd. “The group will pay 554 million rupees […]

DGGI arrests director of solar power company in input tax credit fraud case