TAG: "SPV acquisition "

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Nxtra Data Acquires 35 Percent Stake in AMPIN Energy SPV for Captive Solar Project

Bharti Airtel’s subsidiary Nxtra Data will acquire 35 percent stake in AMPIN Energy C&I Sixteen to develop a 13.2 MW solar power plant in Maharashtra, ensuring captive renewable energy supply compliance.

SPV Acquisition | October 30, 2025 | By EI News Network | 361

PGCIL Acquires 3 Transmission Project SPVs from RECPDCL

Power Grid Corporation of India Ltd. (PGCIL) has acquired three transmission project SPVs from RECPDCL through Tariff-Based Competitive Bidding. The projects aim to enhance grid stability and power evacuation across key regions in India.

SPV Acquisition | March 26, 2025 | By EI News Network | 1234

Tata Power Acquires Transmission SPV in Odisha for INR 18.56 Crore from RECPDCL

Tata Power has acquired a 100 percent stake in transmission SPV ERES-XXXIX Power Transmission Ltd. from REC Power Development and Consultancy Ltd. for INR 18.56 crore to establish a key transmission system in Odisha.

SPV Acquisition | November 15, 2024 | By Mrinmoy Dey | 1721

AESL Completes SPV Acquisition of Khavda PhaseIV Part-A Tansmission Project

Adani Energy Solutions Ltd (AESL), part of the globally diversified Adani portfolio, said that it has completed SPV acquisition of Khavda PhaseIV Part-A transmission project after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd.

SPV Acquisition | September 02, 2024 | By News Bureau | 1146