Ujaas Energy gets nod to sell wholly owned subsidiary

Bhupendra Singh Chundawat 14 Nov 2018 3:15 PM, 3:15 PM 1 min read

Ujaas Energy has received in-principle approval to sell the ‘Eizooba Energy One’, Uganda, wholly owned subsidiary of the Company and authorize the management committee to identify the potential buyer and complete the formalities in this regard. The Board of Directors of the company at their meeting held on November 13, 2018, approved the same.

Ujaas Energy is engaged in solar power plant operation business, and manufacturing and sale of solar power system. The company’s segments include Transformer, Solar Power Plant Operation, and Manufacturing & Sale of Solar Power Systems.

Bhupendra Singh Chundawat

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.

Related News