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RDB Infrastructure And Power LtdImportant, 08-08-2026: Company Update

08-08-2026 | 08:07 pm

RDB Infrastructure and Power Limited has acquired a 49% partnership interest in M/s Arankam Green Energy Solution by entering into a Reconstituted Partnership Deed. This acquisition aims to complete and commercialize a 6.3 MW solar plant in Saharanpur, Uttar Pradesh, operating under a Power Purchase Agreement with Uttar Pradesh Power Corporation Limited. The remaining 51% interest will be acquired after one year from the project's Commercial Operation Date. The total acquisition cost for the initial 49% stake is 0.90 Cr. This move expands the company's footprint in the renewable/green energy sector, focusing on solar power projects in India.

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