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The funding supports the acquisition of Shell’s Sprng Energy portfolio, expanding ABRen’s total renewable capacity in India to 9.3GWp.
Grasim Industries Ltd (BOM:500300) posts highest-ever quarterly revenue of INR48,716 crore, up 21% year-over-year, driven by strong performance in Birla Opus Paints and Birla Pivot.
ABRen’s acquisition of Sprng Energy will increase its total renewable energy capacity to around 9.3GWp.
VADODARA, India, June 16, 2026--Lubrizol, together with Grasim Industries Limited, today inaugurated a world-class Chlorinated Polyvinyl Chloride (CPVC) resin manufacturing facility in Vilayat, Gujarat. The new plant, along with the recently enhanced CPVC compounding capacity at Lubrizol’s Dahej facility, creates one of India’s most scalable and integrated CPVC manufacturing footprints, reinforcing leadership in high-performance plumbing and piping solutions.
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