The transaction takes Inox Green’s overall O&M portfolio to around 13.3 GWp. Following completion of the deal, the company will hold a 75 per cent stake in Vibhav Energy
Under the transaction, Wind World India’s O&M operations will be transferred to VEPL as a going concern
The transaction is understood to have reached an in-principle agreement, with signing expected shortly
The acquisition will take EET Retail’s network from 117 to 235 forecourts, with combined annual fuel throughput exceeding 650 million litres
The acquisition comes as several African economies seek to expand mining activity and attract investment into critical minerals
The transaction is expected to significantly expand Solar Industries’ mining-related operations in Africa
The Cabinet recently approved an Rs 84,000 crore scheme to support deepwater exploration through 2030-31
The mechanism attempts to address a growing tension in India's renewable build-out
The acquisition has been completed and does not fall under related-party transactions. No government or regulatory approval is required for the transaction
The funds will primarily support the company’s growth plans, including acquisitions
