Shapoorji Paiionji to exit renewable energy venture floated with BPCL

摘要

SHAPOORJI Pallonji Agri Management services, an affiliate of the $2.5 billion Shapoorji Paiionji group, will shortly exit the joint venture--Bharat Renewable Energy Limited-- it floated with State-run Bharat Petroleum Corporation (BPCL) and Hyderabad-based Nandan Cleantec Limited (erstwhile Nandan Biomatrix Limited). Each of the partners has an equal stake in the joint venture.