Acquiring Company
Purvah Green Power Private Limited
Acquired Company
Renew Solar Power Private Limited
New DelhiEnergyRenewable EnergyEnergyRenewable EnergySolarBiomass EnergyDescription
Purvah Green Power announced its decision to acquire a 1.4 GWp operating solar portfolio from Renew Solar Power for Rs 48.59 billion. This transaction marks one of the largest acquisitions of operating solar assets in the Indian market. The acquired solar projects are primarily contracted with long-term power purchase agreements, ensuring stable cash flows. This acquisition significantly accelerates Purvah's goal of building a 10 GW renewable energy platform.
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Based on deal dataFrequently asked
Who acquired Renew Solar Power Private Limited?
Renew Solar Power Private Limited was acquired by Purvah Green Power Private Limited. The deal was reported on September 19, 2026. Purvah Green Power Private Limited is a subsidiary of CESC Limited, engaged in the business of generation and distribution of electricity. Purvah Green Power Private Limited is privately held and operates in Energy.
When did Purvah Green Power Private Limited acquire Renew Solar Power Private Limited?
Purvah Green Power Private Limited's acquisition of Renew Solar Power Private Limited was reported on September 19, 2026. Purvah Green Power announced its decision to acquire a 1.4 GWp operating solar portfolio from Renew Solar Power for Rs 48.59 billion. This transaction marks one of the largest acquisitions of operating solar assets in the Indian market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Renew Solar Power Private Limited do?
Renew Solar Power is a major player in the Indian solar energy market, focusing on developing and operating solar energy projects. They operate significant solar assets contracted with the Solar Energy Corporation of India and other distribution companies. It is privately held, operating in Energy, and is based in New Delhi.
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