Mumbai, Aug. 10 -- Purvah Green Power, the renewable energy platform of CESC, is set to acquire a 1.4 GWp operating solar portfolio from Renew Solar Power, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of Rs 4859 crore (USD 509 million at Rs 95.5/USD). The acquisition has been funded by the parent company.

Published by HT Digital Content Services with permission from Capital Market....