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Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis).
National: Shell today launched a used oil management service, a new initiative to organise India’s waste oil disposal system and to increase the rate of re-refining, as it aims to achieve circular economy goals while reducing waste. This is part of Shell’s overall commitment to achieve net-zero emissions by 2050. As part of the initiative, Shell has partnered with used oil re-refiners to initiate collection and re-refining of used oil on a pan India basis. These partners share the vision of driving circular economy for the lubricants industry.
National: Shell, the world leader in finished lubricants, recently showcased its complete range of digital and fluid reliability solutions at EXCON 2022. Shell was present across two stalls at the event, featuring its full range of construction and mining products, services, and digital solutions.
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies.
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