Isgec Heavy Engineering Limited — JV/Acquisition, 17-12-2025: Acquisition

Isgec Heavy Engineering (ISGEC) has completed the acquisition of a 26% equity stake in FPEL HR1 Energy Private Limited. This strategic move, following a Solar Power Purchase Agreement, underscores ISGEC's commitment to renewable energy. The acquisition strengthens its position in the green sector, potentially securing sustainable power for its operations or expanding its clean energy offerings. This is a clear step towards enhancing its portfolio with future-ready energy solutions.