DMCC Specialty Chemicals Shifts Renewable Energy Strategy with New Ampyr Contract Aug 11, 2025
DMCC Speciality Chemicals has terminated its Power Purchase Agreement with AMPYR Renewable Energy Resources Twelve B Private Limited and entered a new agreement with AMPYR Renewable Energy Resources Twelve A Private Limited. The company plans to invest 8.30 million rupees in Ampyr Renewable Energy, initially acquiring a 1.94% stake in the new partner for Rs. 83.34 lakhs. This strategic move demonstrates DMCC's commitment to adapting its renewable energy approach and expanding its presence in the sector.