Oriana Power Limited has announced the incorporation of a new wholly-owned subsidiary, Prime Energy Solutions Private Limited, with an authorised capital of ₹1 lakh. The subsidiary was officially registered on 12 March 2026, as confirmed by the Ministry of Corporate Affairs.
Prime Energy Solutions is set to operate within the power generation sector, focusing on both conventional and non-conventional energy sources. The company aims to engage in various activities including the generation, distribution, and supply of electric power to public and private entities. It will also provide consultancy services in power project operations and maintenance.
The subsidiary’s objectives extend to the research, development, and commercialisation of renewable and sustainable fuels, such as hydrogen and green ammonia. It plans to engage in manufacturing, production, and distribution activities related to these energy solutions, alongside offering consulting services globally.
Prime Energy Solutions is classified as a related party to Oriana Power Limited due to its status as a wholly-owned subsidiary.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aditya Bhagchandani before publication.