Acquiring Company
RP-Sanjiv Goenka Group
Acquired Company
ReNew Solar Power
KolkataNew DelhiConsumer GoodsArtificial IntelligenceSportsEnergyRenewable EnergySolarBiomass EnergyDescription
RP-Sanjiv Goenka Group's arm, Purvah Green Power Pvt Ltd, is set to acquire six solar projects from ReNew Solar Power for Rs 4,859 crore. This acquisition will boost Purvah's contracted capacity to 4.8 GWp. The projects, primarily contracted with the Solar Energy Corporation of India, represent a significant advancement in RPSG's renewable energy initiatives. This move strengthens the group's ambition to build a substantial renewable energy platform.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired ReNew Solar Power?
ReNew Solar Power was acquired by RP-Sanjiv Goenka Group, based in Kolkata. The deal was reported on August 10, 2026. The RP-Sanjiv Goenka Group is a prominent Indian conglomerate with interests in various sectors including power, retail, media, and entertainment. It focuses on growth through strategic acquisitions and partnerships. RP-Sanjiv Goenka Group is privately held and operates in Consumer Goods.
When did RP-Sanjiv Goenka Group acquire ReNew Solar Power?
RP-Sanjiv Goenka Group's acquisition of ReNew Solar Power was reported on August 10, 2026. RP-Sanjiv Goenka Group's arm, Purvah Green Power Pvt Ltd, is set to acquire six solar projects from ReNew Solar Power for Rs 4,859 crore. This acquisition will boost Purvah's contracted capacity to 4.8 GWp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ReNew Solar Power do?
ReNew Solar Power is a leading renewable energy company in India, focusing on developing, building, and operating solar and wind energy projects. It aims to contribute to the increase of renewable energy capacity in the country. It is privately held, operating in Energy, and is based in New Delhi.