December 23, 2025 03:35 am (IST)
Follow us:
Suzlon acquires five companies for its renewable energy projects
Mumbai, Apr 19 (IBNS) Suzlon Energy Limited has informed the National Stock Exchange on Tuesday that the company has acquired five solar farm companies to implement its country-wide renewable energy projects.
Suzlon said it has acquired Gale Solarfarms Private Limited, Tornado Solarfarms Private Limited, Abha Solarfarms Private Limited, Aalok Solarfarms Private Limited and Shreyas Solarfarms Private Limited to implement various renewable energy projects across the country, including the recently won solar projects in Maharashtra of 70 MW.
Suzlon also highlighted that these companies, which have been acquired at face value, do not have any operations or assets currently and have been acquired primarily to be used as SPVs for the proposed solar project.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
DBS Bank India extends ₹670 crore sustainability-linked trade facility to Indorama India
Mon, Dec 22 2025
Stock market buzz: Fresh listings Groww, Lenskart, ICICI AMC spark massive rally on Dalal Street!
Mon, Dec 22 2025
Reject Macaulayan education, reclaim Indian values: H M Bangur’s big World Hindu Economic Forum pitch
Sat, Dec 20 2025
Big Global Push! Bank of Baroda Backs $500 Million Foreign Currency Loan for OVL’s Overseas Arm
Sat, Dec 20 2025
Big move in luxury retail! Helios Luxe introduces legendary Auguste Reymond to India
Sat, Dec 20 2025
Tata AIA launches multicap opportunities fund
Fri, Dec 19 2025