CESC’s subsidiary, Purvah Green Power Private Limited, has incorporated a wholly owned subsidiary named Purvah Bikaner – V Two Power Private Limited on 13 March 2026. The new entity is set to explore opportunities in the renewable power sector.
Purvah Bikaner – V Two Power Private Limited (PBTPPL) has been established with a subscribed and paid-up capital of ₹1,00,000. As a wholly owned subsidiary of Purvah Green Power, which itself is a subsidiary of CESC, PBTPPL will focus on the renewable energy sector, aligning with the growing emphasis on sustainable energy solutions.
The incorporation of PBTPPL does not involve any related party transactions, and no governmental or regulatory approvals were required, as it is a newly formed company. CESC holds an 87.99% stake in Purvah Green Power, ensuring significant control over the new subsidiary.
The establishment of PBTPPL marks a strategic move by CESC to strengthen its footprint in the renewable energy sector, a field that is witnessing increasing demand and investment.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).