| Mar-2026 | Dec-2025 | Sep-2025 | Jun-2025 | Mar-2025 | |
|---|---|---|---|---|---|
Promoter | - | - | - | - | - |
Foreign | 0% | 0% | 0% | 0% | 0% |
Indian | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% |
Total Promoter | - | - | - | - | - |
Institutions | 21.89% | 21.24% | 21.4% | 21.5% | 21.84% |
Non-Institutions | 5.9% | 6.55% | 6.39% | 6.29% | 5.95% |
Total Non-Promoter | 27.79% | 27.79% | 27.79% | 27.79% | 27.79% |
Custodian | 0% | 0% | 0% | 0% | 0% |
Total | 100% | 100% | 100% | 100% | 100% |
The agreement was inked during the Gujarat Regional Conference for the development of large-scale renewable energy projects in the state.
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It is to be executed in one or more tranches through a public offer, subject to necessary regulatory and statutory approvals.
The joint venture agreement follows a memorandum of understanding that the two entities had signed earlier on September 8, 2025.
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On August 26, 2025, the business received the commissioning certificate from the Rajasthan Renewable Energy Corporation Limited.
Revenue from operations rose 13.2% YoY to ₹3,826 crore. This surge is up from ₹3,378 crore in the corresponding quarter of the previous fiscal.
The project will involve setting up a 450 MW hybrid power facility, combining both wind and solar energy sources, and will be connected to the interstate transmission system (ISTS).|
As per the terms of agreement, MAHAPREIT will support the acquisition of land and power evacuation infrastructure.
Earlier in May, the public sector enterprise entered into a power purchase agreement. It was for an 810 MW solar project in Rajasthan.
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