ALFA Filings
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Oriana Power Limited will invest up to Rs. 3 Crore in its wholly-owned subsidiary, Voltonomy Energy Private Limited, to support solar power plant development.
Oriana Power Limited approved an investment of up to ₹50 Crore in its wholly-owned subsidiary, Dynospark Private Limited. The funds support solar power plant development.
Oriana Power Limited approved an investment of up to Rs. 65 Crore in its subsidiary, Oriana Usolar Joint Venture Private Limited, to support EPC services.
Oriana Power's step-down subsidiary acquired Futurebess Storage Private Limited for ₹0.01 Crore. The acquisition expands the group's presence in the power and electric energy generation sector.
Oriana Power Limited invested ₹8.01 Crore to acquire 62,16,000 equity shares in its subsidiary, Truere Current Private Limited. The investment, made via a rights issue, supports the development of a Battery Energy Storage System (BESS). Post-acquisition, Oriana Power's shareholding remains unchanged at 74%.
Oriana Power Limited acquired 93,24,000 equity shares in its subsidiary, Truere Guj SPV Private Limited, for ₹12.02 Crore. The investment supports the development of a Battery Energy Storage System (BESS) for a solar project. Post-acquisition, the company's shareholding remains unchanged at 74%.
Oriana Power Limited acquired a 1% stake in Coregrid Projects Private Limited for ₹0.01 Crore. The acquisition aligns with the company's focus on power generation, EPC projects, and consultancy. This move marks the initial step towards expanding its operational footprint in the electrical energy sector.
Oriana Power Limited acquired 100% of Blueplanet Energy Private Limited for ₹0.01 Crore. The target entity focuses on power generation and EPC services, aligning with the company's core business in renewable energy and infrastructure.
Oriana Power Limited has acquired a 1% stake in Evercore Projects Private Limited for ₹0.01 Crore. The target company operates in power generation and energy services. This strategic acquisition aligns with Oriana's core business in renewable energy and EPC services.
Oriana Power Limited acquired 100% ownership of NovaGrid Energy Private Limited for ₹0.01 Crore in cash. The target entity specializes in power generation and renewable energy solutions, including green hydrogen and solar energy. This acquisition aligns with Oriana's strategic expansion into diverse energy sectors and infrastructure development.
Oriana Power Limited acquired 100% ownership in Poweraxis Services Private Limited for ₹0.01 Crore. The target entity specializes in power generation, EPC, and operation and maintenance services. The acquisition strengthens Oriana Power's presence in the renewable energy and power distribution sectors.