ReNew Solar Power

ReNew Solar Power is a solar power generator whose assets include six operating solar projects in Rajasthan and Karnataka.[1] source: Outlook Business Those projects total 1.4 GWp of solar capacity.[2] source: Business Today[1] source: Outlook Business More than 90% of the capacity is contracted with SECI under 25-year power purchase agreements.[1] source: Outlook Business

In August 2026, CESC's Purvah Green Power agreed to acquire ReNew Solar Power's 1.4 GWp operating solar portfolio for ₹4,859 crore enterprise value.[3] source: Financial Express[1] source: Outlook Business[4] source: The Hindu BusinessLine Business Today reported the enterprise value as ₹48.6 billion, with a ₹15.8 billion cash payment.[2] source: Business Today The Hindu BusinessLine reported that CESC is funding the deal.[4] source: The Hindu BusinessLine The acquisition lifts Purvah's contracted capacity from 3.4 GWp to 4.8 GWp.[3] source: Financial Express[1] source: Outlook Business

The buyer belongs to the RP-Sanjiv Goenka Group, which aims to build a 10 GW renewable portfolio within two years.[2] source: Business Today In a report on RPSG's bid for Welspun New Energy, ET Small Business referred to the ReNew deal as Purvah Green Power's recent 1.4 GW solar acquisition.[5] source: ET Small Business