Purvah Green Power
Latest, :
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 6 stories, the newest dated 4 Sept 2026. Summary written 4 Oct 2026.
Purvah Green Power is the renewable-energy platform of CESC, part of the RP-Sanjiv Goenka (RPSG) Group. [1] source: Business Today[2] source: Outlook Business
Show 3 more paragraphs and 6 sources
It owns and builds solar and wind power capacity in India. [3] source: Financial Express[2] source: Outlook Business It has a 10 GW renewable platform target, and ET Small Business reported a 10 GW portfolio target by 2032. [4] source: ET Small Business[3] source: Financial Express[5] source: The Hindu BusinessLine
On 10 August 2026, Purvah Green Power agreed to acquire ReNew Solar Power's 1.4 GWp operating solar portfolio for an enterprise value of Rs 4,859 crore. [3] source: Financial Express The deal covers six operating projects in Rajasthan and Karnataka. [2] source: Outlook Business More than 90% of the capacity is contracted with SECI under 25-year power purchase agreements. [2] source: Outlook Business Purvah's contracted capacity rises from 3.4 GWp to 4.8 GWp, and CESC is funding the deal. [3] source: Financial Express[5] source: The Hindu BusinessLine
On 24 August 2026, ET Small Business reported that RPSG Group and Macquarie were the final bidders for Welspun New Energy, valued near Rs 2,000 crore. [6] source: ET Small Business On 4 September 2026 it reported Purvah was in final negotiations to acquire Welspun New Energy for about ₹2,500 crore. [4] source: ET Small Business Welspun New Energy has 45 MW of operating capacity, a 245 MW Gujarat wind-solar hybrid project and a 700 MW wind-solar-storage pipeline. [4] source: ET Small Business
Sources
- RPSG-backed Purvah Green Power buys 1.4 GWp ReNew solar portfolio for ₹4,859 crore
- RPSG’s CESC to acquire ReNew’s 1.4 GWp solar portfolio for Rs 4,859 crore
- CESC unit Purvah Green to buy ReNew Solar’s 1.4 GW portfolio for ₹4,859 crore
- RPSG Group, Macquarie in final race for Welspun New Energy at ~₹2,000 crore EV
Questions about Purvah Green Power
Who owns Purvah Green Power?
Purvah Green Power is a unit of CESC, which belongs to the RP-Sanjiv Goenka (RPSG) Group. CESC is funding its ReNew Solar acquisition. [1] source: Business Today[2] source: Outlook Business[5] source: The Hindu BusinessLine
What is Purvah Green Power's current strategy in India?
In August 2026, Purvah Green Power agreed to buy ReNew Solar Power's 1.4 GWp solar portfolio for Rs 4,859 crore. In September 2026 it was in final negotiations to acquire Welspun New Energy for about ₹2,500 crore. [4] source: ET Small Business[3] source: Financial Express
Who are Purvah Green Power's main competitors?
Macquarie competed with RPSG Group as a final bidder for Welspun New Energy, which was valued near Rs 2,000 crore in August 2026. Purvah Green Power is RPSG's renewable platform. [6] source: ET Small Business