Privi Speciality Chemicals Ltd has taken a significant step toward strengthening its clean energy strategy by investing ₹1.77 crore in Radiance MH Sunrise Eleven Private Limited. The investment aims to increase the use of renewable power across the company’s operations and reduce dependence on conventional energy sources. To formalise its participation, the company has executed a Power Purchase Agreement (PPA) along with a Share Subscription and Shareholders Agreement (SSSHA). Through this structure, Privi will participate in the renewable energy project via an equity stake in the special purpose vehicle (SPV).