Tamilnadu Petroproducts to invest in equity capital of Navia Three Power

Tamilnadu Petroproducts is all set to invest in the equity capital of Navia Three Power (NTPPL) upto a sum of Rs 7.33 crore in tranches, to meet the requirement of Captive power generation under Electricity Act, 2003. The said investment will be completed on or before September 2026. 

Earlier, the company had entered into an arrangement with Navia Three Power to procure solar power of around 19.8 MWp (DC)/ 13.2 MW (AC) 

Tamilnadu Petroproducts (TPL), was born in the year 1984 with the objective of setting up a world class Linear Alkyl Benzene (LAB) manufacturing facility.

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