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Teerth Gopicon incorporates associate company as SPV
short by / on Wednesday, 30 April, 2025
Teerth Gopicon Ltd established Teerth RE 4 Private Ltd, as SPV for Rajasthan rooftop solar project from RRECL. With ₹1 lakh capital, TGL holds 48% initially. The newly formed entity, a related party with nil turnover, will handle design, supply, erection, commissioning, and 25-year O&M under the Hybrid Annuity Mode.