Varun Beverages has acquired 26% of equity share capital of Jager Renewables Two (a special purpose vehicle inter-alia engaged to generate & supply solar power to consumers in the state of Rajasthan) to obtain solar power for captive consumption by investing Rs 26,000.
The company to obtain solar power (generation and supply) from the Jager Renewables Two for its facilities located in Kota, Alwar, Jaipur, Jodhpur and Bhiwadi in the state of Rajasthan. Solar power is environment friendly and will also reduce the power cost at the said facilities.
Earlier, the Investment and Borrowing Committee of the Board of Directors of the company at its meeting held on September 3, 2025, had approved the same.
Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.
