RDB Infrastructure Acquires Solar SPV for ₹90 Lakh, Expands Renewable Energy Portfolio

RDB Infrastructure and Power Limited has completed the acquisition of a solar power special purpose vehicle (SPV) for ₹90 lakh, strengthening its presence in the renewable energy sector and expanding its portfolio of operational solar assets.

The transaction involves the acquisition of Arankam Green Energy Solution, an SPV that owns a 6.3 MW solar power project located in Saharanpur, Uttar Pradesh. Following the completion of the deal, RDB Infrastructure will hold 100 per cent ownership of the entity.

The company had signed a binding term sheet for the acquisition in April 2026, with the purchase consideration fixed at ₹90 lakh through a cash transaction. The acquired SPV has an existing power sale arrangement with the state’s electricity distribution network, providing an operational renewable energy asset within RDB’s growing clean energy business.

The acquisition forms part of RDB Infrastructure’s broader strategy to diversify beyond its traditional infrastructure and real estate activities and establish a stronger foothold in the renewable energy segment. Over the past year, the company has undertaken multiple investments in solar-focused entities and projects as it builds a dedicated green energy portfolio.

The move comes at a time when demand for operational solar assets remains strong, driven by India’s renewable energy expansion plans and increasing interest from infrastructure companies in long-term clean energy investments. Operational projects offer immediate generation capacity and revenue visibility compared with greenfield developments.

The acquisition of the Uttar Pradesh-based solar SPV adds generation capacity to RDB Infrastructure’s renewable energy portfolio and aligns with the company’s ongoing efforts to increase its participation in the country’s energy transition.