Acquisitions29 Oct 2025, 10:31 pm
Bharti Airtel Subsidiary, Nxtra Data Limited, to Acquire 85% Stake in AMPIN Energy C&l Sixteen Private Limited
AI Summary
Bharti Airtel Ltd has disclosed that its subsidiary, Nxtra Data Limited, has entered into an agreement to acquire 85% equity shares in AMPIN Energy C&l Sixteen Private Limited. AMPIN Energy C&l Sixteen is a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant. The acquisition is in compliance with regulatory requirements for captive power consumption under electricity laws. The cost of acquisition is INR 5,19,20,000. AMPIN Energy C&l Sixteen is an SPV of AMPIN C&l Private Limited established for developing, constructing, operating and maintaining a 13.2 MW solar power plant in Maharashtra.
Key Highlights
- Bharti Airtel's subsidiary, Nxtra Data Limited, to acquire 85% stake in AMPIN Energy C&l Sixteen Private Limited
- AMPIN Energy C&l Sixteen is a special purpose vehicle for owning and operating the Captive Power Plant
- Acquisition is in compliance with regulatory requirements for captive power consumption under electricity laws
- Cost of acquisition is INR 5,19,20,000
- AMPIN Energy C&l Sixteen is an SPV of AMPIN C&l Private Limited established for a 13.2 MW solar power plant in Maharashtra