TAG: "special purpose vehicles"

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Torrent Pharma to Acquire 26 Percent Stake in Captive Hybrid Power Project in Gujarat

Torrent Pharmaceuticals will invest INR 7.92 crore for a 26 percent stake in Torrent Urja 27 Pvt. Ltd., developing a captive solar-wind hybrid project in Gujarat to enhance renewable energy usage.

Special Purpose Vehicles | September 11, 2025 | By EI News Network |  719

Enviro Infra Engineers to Acquire 100 Percent Stake in Sunaxis Renewables

Enviro Infra Engineers Ltd. acquires 100 percent stake in Sunaxis Renewables, a solar project SPV, to expand its renewable energy footprint and capitalise on emerging opportunities in ground-mounted and floating solar power.

Special Purpose Vehicles | June 03, 2025 | By EI News Network |  1256

Lloyds Metals Signs Captive Solar PPA for 86 MWp with Hinduja Renewables in Maharashtra

Lloyds Metals signed two PPAs totaling 86 MWp with Hinduja Renewables' SPV, HR Godavari, and will acquire 26 percent equity to meet captive power rules and strengthen renewable energy sourcing.

Special Purpose Vehicles | May 21, 2025 | By EI News Network |  1236

Chemplast Sanmar to Acquire Stake in JSW Green Energy Nine for Captive Renewable Power

Chemplast Sanmar and its subsidiary CCVL will acquire stakes in JSW Green Energy Nine to secure wind and solar power under the Group Captive Power Scheme. This move ensures long-term green energy supply, reducing costs and carbon footprint.

Special Purpose Vehicles | March 03, 2025 | By EI News Network |  1515

Sterlite Power Commissions 400kv D/C Nangalbibra Bongaigaon Transmission Line

Sterlite Power announced the successful commissioning of the Nangalbibra - Bongaigaon transmission (400kv D/C) line, an Inter-State Transmission System (ISTS) project.

Special Purpose Vehicles | February 18, 2025 | By News Bureau |  1510

Adani Green Energy Incorporates SPV for RE Projects

Adani Green Energy Ltd. (AGEL) has established a new SPV, Adani Green Energy Sixty Nine Ltd. (AGE69L), to focus on renewable energy operations as a step-down subsidiary.

Special Purpose Vehicles | December 16, 2024 | By Mrinmoy Dey |  1539

Sterlite Power Launches Goa’s First 400 kV GIS Substation

Sterlite Power has successfully completed the Goa-Tamnar Transmission Project, implemented through its Special Purpose Vehicle, Goa-Tamnar Transmission Project Limited (GTTPL).

Special Purpose Vehicles | November 20, 2024 | By News Bureau |  1524

Tata Power Acquires Paradeep Transmission for INR 18.64 Crore

Tata Power has acquired a 100 percent equity stake in Paradeep Transmission Ltd., a special purpose vehicle established to manage a critical 765 KV transmission project in Odisha under the Eastern Region Expansion Scheme-XXXIV.

Special Purpose Vehicles | November 07, 2024 | By Mrinmoy Dey |  3270

Premier Energies Secures 173.35 MWp Solar Module Deal for Barmer Project

Premier Energies has signed a Module Supply Agreement with BN Hybrid Power-1 Private Ltd., a special purpose vehicle of BrightNight India. to deliver 173.35 MWp of Topcon solar modules for a 300 MW renewable energy project in Barmer, Rajasthan. The supply will commence in July 2025.

Special Purpose Vehicles | October 10, 2024 | By EI News Network |  1616

Dalmia Bharat Acquires 26 Percent Stake in Solsolis to Boost RE

Dalmia Bharat Ltd.'s subsidiary Dalmia Cement (Bharat) Ltd. has acquired a 26 percent stake in Solsolis Solar Energy Solutions for INR 3.02 crore, targeting 11.2 MW solar capacity in Odisha, reinforcing its commitment to renewable energy and sustainability goals.

Special Purpose Vehicles | September 20, 2024 | By EI News Network |  1498

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