CESC Buys Majority Shares in Purvah Power for $24 Million

The stake purchase makes Purvah a direct subsidiary of CESC

August 1, 2024

/ Staff
/ Finance and M&A, Solar
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Kolkata-based power utility Calcutta Electric Supply Corporation (CESC) has acquired a 63.91% equity stake in Purvah Green Power at the cost of ₹2.05 billion (~$24.48 million).

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Staff

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