Purvah to Acquire Bhojraj Renewables to Develop 450 MW Renewable Projects

The deal is structured as a cash deal, with Purvah Green committing up to ₹1.08 billion

October 7, 2024

/ Arjun Joshi
/ Finance and M&A, Solar, Wind
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Purvah Green Power, a subsidiary of Calcutta Electric Supply Corporation (CESC), has entered into a binding term sheet to acquire a 100% stake in Bhojraj Renewables Energy to develop a 300 MW wind project and a 150 MW solar project.

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Arjun Joshi

More articles from Arjun Joshi.
AcquisitionBhojraj RenewablesCESCPurvah Green
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