New Launch11 Sept 2025, 07:51 pm
Insolation Green Energy Subsidiary Incorporates Four SPVs for Solar Power Plants
AI Summary
Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Ltd, has incorporated four wholly-owned subsidiaries as special purpose vehicles (SPVs) for setting up solar power plants. The SPVs, GRJP Green Infra Private Limited, HVJN Green Infra Private Limited, MPGE Green Infra Private Limited, and SRJG Green Infra Private Limited, were incorporated on 11 September, 2025. Each SPV has an authorized share capital of Rs. 1,00,000 divided into 10,000 Equity shares of Rs. 10 each, and Insolation Green Energy Private Limited will acquire 100% of the equity shares of each SPV.
Key Highlights
- Insolation Green Energy Private Limited has incorporated four wholly-owned subsidiaries as SPVs.
- The SPVs are incorporated for setting up solar power plants.
- Each SPV has an authorized share capital of Rs. 1,00,000 divided into 10,000 Equity shares of Rs. 10 each.
- Insolation Green Energy Private Limited will acquire 100% of the equity shares of each SPV.
- The SPVs were incorporated on 11 September, 2025.