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Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount

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Jindal Saw signed an agreement with ReNew Green Energy Solutions. Jindal Saw will acquire part of ReNew Green MHH One. The deal involves a 31.20% equity stake. Jindal Saw aims to secure cheaper electricity. The acquisition should be finalized by May 31, 2025. This strategic move benefits Jindal Saw's operations.