Piramal Enterprises in collaboration with Netherlands-based APG Asset Management is planning to invest Rs 900 crore ($132 million) in Subhash Chandra’s Essel Green Energy.
Essel Green Energy currently owns 160 MW of independent solar power projects in four States, of which 110 MW is operational and 50 MW is currently under execution. The company is planning to ramp up its solar power capacity to 1,000 MW in the next 2-3 years.
Piramal Enterprises is one of the leading players globally in CRAMS (custom research and manufacturing services) as well as in the critical care segment of inhalation and injectable anaesthetics. It also has a strong presence in the OTC segment in India.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 950.20 |
| Shriram Finance | 960.00 |
| Aditya Birla Capital | 348.10 |
| Chola Invest & Fin. | 1638.30 |
| Tata Capital | 328.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: