New Delhi, Aug. 10 -- CESC subsidiary Purvah Green Power Private Limited will acquire about 1.4 gigawatt peak (GWp) of operational renewable power capacity from ReNew Solar Power Private Limited at an enterprise value of Rs 4,859 crore, according to a stock exchange filing on Monday.

Purvah Green Power has entered into a share purchase agreement to acquire 100 per cent ownership of six ReNew subsidiaries holding a combined installed capacity of 1,411.48 megawatts peak (MWp).

The acquisition will increase Purvah's operational renewable energy capacity to more than 1.8 GWp. Its overall portfolio will rise to 4.8 GWp, comprising more than 1.8 GWp of operational capacity and around 3 GWp of contracted or tied-up projects at various stages o...