Swelect Energy Systems Merger & Restructuring Worth ₹0.31 Cr
Swelect Energy Systems is selling a 26% stake in its subsidiary, ESG Solar Energy Private Limited, to Garg Acrylics Limited for Rs. 0.31 Crore.
- Value
- ₹0.31 Cr
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Swelect Energy Systems is selling a 26% stake in its subsidiary, ESG Solar Energy Private Limited, to Garg Acrylics Limited for Rs. 0.31 Crore.
Swelect Energy Systems has put its proposed acquisition of Dexler Solar Park Phase 1 Private Limited into abeyance.
Swelect Energy Systems is acquiring Swelect Sunpower Plus Private Limited for ₹5.52 Crore to set up a 5 MW solar power plant.
Swelect Energy Systems is acquiring 100% of Dexler Solar Park Phase 1 for ₹0.01 Crore. This acquisition supports the company's expansion into Karnataka's solar power market.
Swelect Energy Systems will acquire 100% of Dexler Solar Park Phase 1 for ₹0.001 Crore. The subsidiary plans a 7.0 MWdc solar power plant.
Swelect Energy's Singapore subsidiary will invest $500,000 (₹4.75 Crore) in Comstock BESS LLC. This acquisition facilitates entry into the US grid-storage market.