Suyog Urja sells 100% stake to Enviro Infra for ₹311 Cr
after close1 source ↓written by the desknot a recommendation
- agreement with Enviro
- 100% stake acquisition
- valued
- ₹311 crore
- of completed projects
- 500 MW
- under execution
- 600 MW
- book of approximately
- ₹650 crore
Suyog Urja Limited has signed a phased 100% stake acquisition agreement with Enviro Infra Engineers, valued at ₹311 crore. This deal signifies a major consolidation in India's renewable energy sector, enhancing operational expertise and sustainability goals amidst rapid clean energy growth.
• Suyog Urja has over 500 MW of completed projects and 600 MW under execution.
• The company boasts an order book of approximately ₹650 crore.
This transaction may bolster market confidence in renewable energy investments.
Not investment advice. For informational purposes only.