Sarda Energy & Minerals Ltd. has announced a multi-pronged growth strategy following its board meeting on April 3, 2026. The company is venturing into real estate development through a new joint entity with a 50% stake, investing ₹25 crore. Additionally, it has acquired a majority stake in Adishankar Khuitam Power Pvt. Ltd. to add 66 MW of hydro power capacity to its green energy portfolio, alongside a key executive appointment.
Real Estate Development Initiative
As part of its diversification strategy, the company has approved the incorporation of a new entity in collaboration with Chhatisgarh Investment Ltd., a promoter group company. Sarda Energy & Minerals Ltd. will hold a 50% stake in this new venture, which will focus on real estate development. The company plans to invest ₹25 crore into this project to unlock better value and realization from its existing investment properties.
Green Energy Portfolio Growth
The company is significantly bolstering its renewable energy footprint through the acquisition of a majority stake in Adishankar Khuitam Power Pvt. Ltd. (AKPPL). This move is specifically designed to expand the group’s green energy capacity by adding a 66 MW hydro power project located in Arunachal Pradesh. The acquisition, valued at an enterprise cost of ₹25 crore (subject to adjustments), marks a key milestone in the company’s sustainable energy roadmap.
Leadership Strengthening
In a move to strengthen its management, the board has appointed Mr. Partha Sarthi Dutta Gupta as Executive Director – Power & Corporate Affairs, effective April 3, 2026. Mr. Dutta Gupta, an engineering graduate with over 46 years of experience in the power sector—including 28 years with NTPC—will take charge of the company’s thermal power division. His deep industry expertise is expected to play a crucial role in overseeing the group’s power operations moving forward.
Source: BSE
