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CESC Limited has incorporated a new wholly-owned subsidiary, Purvah Nexgen Energy Private Limited, to focus on renewable power. The initial paid-up capital is ₹0.01 Crore.
CESC Limited has incorporated two new wholly-owned subsidiaries: Purvah Nexgen Energy Private Limited and RPSG Nexgen Energy Private Limited to explore opportunities in the renewable power sector.
CESC Limited's subsidiary will acquire ReNew Hans Urja Private Limited for a total consideration of Rs. 1,582 Crore. This deal expands the company's renewable energy footprint.
CESC Limited's subsidiary, Purvah Green Power, signed a Share Purchase Agreement to acquire 100% stake in six renewable energy companies from ReNew for INR 4,859 Crore.