Subsidiary10 Sept 2025, 09:00 pm
Insolation Energy Ltd Subsidiary Incorporates Nine Wholly-Owned SPVs for Solar Power Plants
AI Summary
Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Ltd, has incorporated nine wholly-owned subsidiaries as special purpose vehicles (SPVs) for setting up solar power plants. The SPVs, namely VNPG Green Infra Private Limited, JEMP Green Infra Private Limited, EVNJ Green Infra Private Limited, DGEJ Green Infra Private Limited, ENS Green Infra One Private Limited, DMGN Green Infra Private Limited, PRJG Green Infra Private Limited, NSJG Green Infra Private Limited and NEPG Green Infra Private Limited, were incorporated on 10th September 2025.
Key Highlights
- Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Ltd, has incorporated nine wholly-owned subsidiaries.
- The newly incorporated subsidiaries are special purpose vehicles (SPVs) for setting up solar power plants.
- The SPVs were incorporated on 10th September 2025.
- The total subscription amount for each SPV is Rs. 1,00,000 (Rupees One Lakh).
- Insolation Green Energy Private Limited has subscribed to 100% Equity Shares of each SPV.