Acquiring Company
Purvah Green Power
Acquired Company
ReNew Solar Power Private Limited
KolkataNew DelhiEnergyRenewable EnergySolarEnergyRenewable EnergySolarBiomass EnergyDescription
Purvah Green Power, a subsidiary of RPSG, is set to acquire a 1.4 GWp solar portfolio from ReNew Solar Power for Rs. 4,859 crore. This acquisition is significant as it strengthens Purvah's revenue-generating capacity. Following the deal, Purvah's total contracted capacity will rise to 4.8 GWp. The move is part of RPSG's broader goal of building a 10 GW renewable energy platform.
M&A Insights
Based on deal dataFrequently asked
Who acquired ReNew Solar Power Private Limited?
ReNew Solar Power Private Limited was acquired by Purvah Green Power, based in Kolkata. The deal was reported on August 10, 2026. Purvah Green Power is the renewable energy platform of the RP-Sanjiv Goenka Group. It focuses on developing and acquiring solar energy portfolios. Purvah Green Power is privately held and operates in Energy.
When did Purvah Green Power acquire ReNew Solar Power Private Limited?
Purvah Green Power's acquisition of ReNew Solar Power Private Limited was reported on August 10, 2026. Purvah Green Power, a subsidiary of RPSG, is set to acquire a 1.4 GWp solar portfolio from ReNew Solar Power for Rs. 4,859 crore. This acquisition is significant as it strengthens Purvah's revenue-generating capacity. 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 leading renewable energy company in India, specializing in solar and wind energy projects. The company focuses on sustainable energy solutions to meet the growing demand for electricity while supporting environmental goals. It is privately held, operating in Energy, and is based in New Delhi.