SUBSIDIARY NAME
DEV MINING
COUNTRY
INDIA
SECTOR/ INDUSTRY
ENERGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
November 22, 2022
ACQUISITION VALUATION
105 MILLION
TOTAL ASSET VALUATION
1.05 BILLION
TRANSPORT-AVIATION
DEV MINING: This is a Solar Photovoltaic Power Plant with a full capacity of 100MW (each phase consists 50MW) being installed in the state of Manipur, India. Dev Mining is developing this project which has undergone a Power Purchase Agreement (PPA) with the Government of Manipur. The Solar Plant will generate 10,00,00,000 Units per phase of Electricity per year and the government of Manipur will be purchasing this electricity at a rate of INR 3.95 per Unit
SUBSIDIARY NAME
Solar Power Project 1000 MW ( 250 MW x 4)
YSR STEEL CORPORATION LIMITED
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