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RPSG firm to acquire 6 solar projects with 1.4 GWp capacity from ReNew Solar Power for Rs 4,859 crore
Updated On: 10 August, 2026 04:12 PM IST | New Delhi | PTI
The transaction is among the largest acquisitions of operating solar assets in the Indian market and marks a decisive shift in the composition of Purvah's portfolio from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows
Representational Image. File pic.
RP-Sanjiv Goenka Group (RPSG) on Monday said that its flagship utility CESE Ltd's arm will acquire six solar power projects with combined capacity of 1.4 GWp from ReNew Solar for Rs 4,859 crore.
Solar energy generation projects in Rajasthan and Karnataka, operational under six special purpose vehicles (SPVs), will be acquired by Purvah Green Power Pvt Ltd at an enterprise value of Rs 4,859 crore (USD 509 million at Rs 95.5/USD), according to a statement.
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