RDB Infrastructure And Power Ltd has acquired a 100% stake in Arankam Green Energy Solution for ₹0.9 crore. This SPV holds a 6.3 MW solar power project in Uttar Pradesh with a PPA from UPPCL.
RDB Infrastructure Acquires 6.3 MW Solar Project for ₹0.9 Crore
₹0.9 crore paid for 100% stake in Arankam Green Energy Solution SPV.
6.3 MW solar power project secured in Uttar Pradesh.
Reader Takeaway: Strategic expansion into renewables with a secured project pipeline; integration and operational progress are key for value realization.
