RDB Infrastructure and Power Acquisition Worth ₹0.9 Cr
RDB Infrastructure and Power Limited signed a binding term sheet to acquire 100% of Arankam Green Energy Solution for ₹0.9 Crore. The target is a special purpose vehicle with a 6.3 MW solar project in Uttar Pradesh. This acquisition expands the company's footprint into the renewable energy sector.
- Value
- ₹0.90 Cr
- Execution
- 90 days (Term Sheet validity)