CESC Limited announced that its subsidiary, Purvah Green Power Private Limited, has incorporated four new wholly owned subsidiary companies on March 12, 2026. These new entities—Purvah Navurja Private Limited, Purvah Cleantech Power Private Limited, Purvah Bikaner – V One Power Private Limited, and Purvah Clean Energy Private Limited—are all established in the Renewable power sector. Each subsidiary has an initial paid-up capital of ₹1,00,000, indicating a strategic push into energy development.
CESC Announces Strategic Subsidiary Formation
CESC Limited has informed the exchanges regarding the incorporation of four new wholly owned subsidiary companies (WOS) by its existing subsidiary, Purvah Green Power Private Limited (“Purvah”). This strategic move, effective March 12, 2026, significantly expands the operational footprint under the group’s renewable energy strategy.
Details of Newly Incorporated Entities
The four new companies, all incorporated on the same date, are:
- Purvah Navurja Private Limited (“PNPL”)
- Purvah Cleantech Power Private Limited (“PCPPL”)
- Purvah Bikaner – V One Power Private Limited (“PBOPPL”)
- Purvah Clean Energy Private Limited (“PCEPL”)
As these are newly incorporated entities, their turnover is currently Not applicable. Each entity is wholly owned by Purvah, which itself remains a subsidiary of CESC Limited. The effective shareholding of Purvah in each new company is 87.99%.
Sector Focus and Objectives
All four new subsidiaries are established to operate within the Renewable power sector. The stated objective for each entity is to “explore opportunity in renewable power sector.” This confirms CESC’s continued commitment to scaling up its presence in green energy infrastructure.
Financial Foundation of New Subsidiaries
The consideration for the incorporation involved the subscribed and paid-up capital for each new company being set at Rs. 1,00,000/- (Rupees One Lakh Only). Since the entities are newly formed, no prior history, turnover data, or regulatory approvals for acquisition were required, confirming the clean slate status of these foundational steps in the expansion plan.
Source: BSE
