GMR Power and Urban Infra Limited Incorporates New Renewable Energy Subsidiary in Karnataka
GMR Power and Urban Infra Limited subsidiary-to-hold-100-in-dani-tomic-nergy'>Incorporates New Renewable Energy Subsidiary in Karnataka is drawing significant interest across the industry.
GMR Power and Urban Infra Limited has incorporated GMR Karnataka Renewable Energy-I Limited as a wholly owned subsidiary through GMR Energy Limited on February 28, 2026. The new subsidiary has a paid-up capital of Rs. 5 lakh with 50,000 equity shares of Rs. 10 each and will focus on renewable energy power plant development in Karnataka. The entity operates in generation and transmission of power through renewable resources and is yet to commence business operations.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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