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Stove Kraft inks pact for power purchase from Bhuj Wind Energy
Nov-13-2026

Stove Kraft has executed a Share Purchase and Shareholders Agreement for Power Purchase from Bhuj Wind Energy, a subsidiary of Continuum Green Energy. Purpose of entering into the agreement is to comply with regulatory requirement for captive power plants under the provisions of Electricity Act, 2003 and Indian Electricity Rules, 2005 and procurement of cost-effective renewable energy.

The company will subscribe to 26% equity capital in Bhuj Wind Energy by investing Rs 2.62 crore. The subscription of shares will be completed approximately in 3 months, in one or more tranches. 

Stove kraft is the largest kitchen appliances company in India. It offer premium kitchen solutions through wide range of products including pressure cookers, non-stick cookware, gas and induction cook tops, mixer grinders, chimneys and hobs among others.


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