Oriana Power incorporates subsidiary Prime Energy Solutions with Rs 1 lakh capital

Business Desk — Fri, 13 Mar 2026 08:33:15 +0000

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.

Oriana Power incorporates Brightera Solar as wholly owned subsidiary

Business Desk — Thu, 12 Mar 2026 08:30:13 +0000

Oriana Power Limited has announced the incorporation of Brightera Solar Private Limited as its wholly owned subsidiary, effective 11 March 2026. The new entity, authorised with a capital of ₹1 lakh, is set to focus on power generation and related services.

Brightera Solar, incorporated in India, will engage in generating electric energy and providing consultancy services in power projects. It aims to handle operations, maintenance, and distribution of power, alongside dealing in electrical appliances and solar energy products. The subsidiary is yet to commence business operations, with its turnover currently at nil.

Oriana Power Limited holds 100% of the share capital in Brightera Solar, with the acquisition being a related party transaction. The nature of consideration for the acquisition is cash.

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 Aman Shukla before publication.

Tanvi Singh | Business Upturn

Oriana Power incorporates subsidiary Prime Energy Solutions with Rs 1 lakh capital

Oriana Power incorporates Brightera Solar as wholly owned subsidiary