JK Lakshmi Cement Acquires 26% Stake in Ampin C&I Power Four

JK Lakshmi Cement Ltd., a leading cement manufacturer in India, has taken a major step in its sustainability agenda by acquiring a 26% stake in Ampin C&I Power Four Private Limited. This strategic investment, formalized through a Power Purchase Agreement and Shareholders’ Agreement, enables JK Lakshmi Cement to source solar power under applicable captive power laws, supporting its commitment to clean energy and cost efficiency.

This arrangement, focused on renewable energy adoption, will ensure reliable operations, furthering its commitment to reducing carbon emissions and optimizing operational expenses. With an investment of up to ₹4 crore and a planned capacity of 9.9 MWp, the solar project supports the company’s growing energy requirements and reinforces its leadership in sustainable business practices.

Commenting on the development, Mr. Arun Shukla, President & Director, JK Lakshmi Cement Ltd., said, “Our partnership with Ampin C&I Power Four marks a pivotal milestone in our sustainability journey. By integrating renewable energy into our value chain, we are not only reducing our environmental footprint but also optimizing long-term energy costs. This investment reflects JK Lakshmi Cement’s steadfast commitment to building a greener future and creating lasting value for our stakeholders.”

Additionally, with the new Surat grinding unit and upgraded mills in Rajasthan, JK Lakshmi Cement’s total installed capacity rises to 18 MTPA, boosting operational efficiency and growth potential.