Keppel Ltd has acquired Shell’s 49% stake in Cleantech Solar for approximately $200 million, gaining full control of the company. Keppel plans to exit Cleantech for $400 million, building on its existing 51% ownership. This is the latest corporate action in India’s busy green energy sector.
Singapore’s Keppel buys Shell’s 49% stake in Cleantech Solar for $200mn, plans to flip company for $400mn
by Live mint | October 21, 2025 6:05 am | Indian Stocks, Market, News