RDB Infrastructure Revises Solar Power Contract to Rs. 276 Crores

1 min read     Updated on 08 Nov 2025, 02:07 PM
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Overview

RDB Infrastructure & Power Limited has modified its solar power project agreement with Stargen Power Private Limited, increasing the contract value from Rs. 225.00 crores to Rs. 276.00 crores. The project involves a 52MW (AC) / 65MW (DC) capacity solar power installation across 5 sites near Nagpur, Maharashtra. The timeline for completion is set at 1 year from the commissioning of all sites. This domestic contract is not a related party transaction and aligns with India's focus on renewable energy development.

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*this image is generated using AI for illustrative purposes only.

RDB Infrastructure & Power Limited has announced a significant modification to its solar power project agreement with Stargen Power Private Limited. The company has signed an addendum to the original Memorandum of Understanding (MOU), revising the contract value and reaffirming its commitment to renewable energy projects in Maharashtra.

Key Details of the Revised Agreement

Aspect Details
Original Contract Value Rs. 225.00 crores
Revised Contract Value Rs. 276.00 crores
Project Capacity 52MW (AC) / 65MW (DC)
Project Location 5 sites near Nagpur, Maharashtra
Project Timeline 1 year from commissioning of all sites
Contract Nature Domestic
Related Party Transaction No

Project Scope and Implications

The revised agreement underscores RDB Infrastructure's expanding role in India's renewable energy sector. The solar power projects, spread across five sites near Nagpur, Maharashtra, represent a significant investment in clean energy infrastructure. The increase in contract value by Rs. 51.00 crores suggests an expansion of the project's scope or adjustments to meet evolving requirements.

Execution and Timeline

RDB Infrastructure is committed to executing the solar power projects within one year from the commissioning of all sites. The agreement allows for potential extensions, providing flexibility to address any unforeseen challenges during the implementation phase.

Corporate Governance and Transparency

In compliance with SEBI regulations, RDB Infrastructure has promptly disclosed the contract modification to the stock exchanges. The company has confirmed that the contract does not involve any related party transactions or interests from the promoter group, emphasizing transparency in its business dealings.

Market Implications

This revised contract may be viewed positively by investors, as it represents an increase in the company's order book. The expansion of renewable energy projects aligns with India's growing focus on sustainable power sources, potentially positioning RDB Infrastructure favorably in the evolving energy landscape.

As the renewable energy sector continues to gain momentum in India, RDB Infrastructure's enhanced involvement in solar power projects may contribute to its growth prospects and market position in the infrastructure and power sectors.

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RDB Infrastructure Managing Director Summoned by Enforcement Directorate

1 min read     Updated on 14 Oct 2025, 06:09 PM
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Reviewed by
Naman SScanX News Team
Overview

RDB Infrastructure & Power Limited's Managing Director received a summons from the Directorate of Enforcement on November 21, 2025. The summons, issued under the Prevention of Money Laundering Act, 2002, requires the MD to provide evidence and documents for an ongoing investigation. The company has promptly disclosed this information to stock exchanges, following previous communications on regulatory matters made on October 1, October 14, and November 21, 2025.

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*this image is generated using AI for illustrative purposes only.

RDB Infrastructure & Power Limited , a prominent player in the infrastructure sector, has disclosed that its Managing Director received a summons from the Directorate of Enforcement (ED) on November 21, 2025. This development has brought the company under regulatory scrutiny, following earlier communications to exchanges regarding regulatory matters.

Key Details of the Summons

The summons, issued by the Directorate of Enforcement, requires the Managing Director to provide evidence and documents related to an ongoing investigation. The probe is being conducted under the Prevention of Money Laundering Act, 2002.

Regulatory Compliance and Disclosure

In compliance with regulatory requirements, RDB Infrastructure & Power has promptly informed the stock exchanges about this development. The company's disclosure provides transparency to its shareholders and the market at large.

Details of the Summons

Aspect Information
Issuing Authority Directorate of Enforcement
Nature of Action Summons issued to Company's Managing Director
Date of Summons November 21, 2025
Investigation Focus Evidence and documents related to an investigation under PMLA, 2002
Applicable Law Prevention of Money Laundering Act, 2002

Company's Previous Communications

RDB Infrastructure & Power Limited has made earlier communications to exchanges on October 1, October 14, and November 21, 2025, regarding regulatory matters. This latest summons appears to be part of an ongoing series of regulatory interactions.

Potential Implications

While the company has not provided specific details on the financial or operational impact of this development, the ongoing investigation and the requirement for the Managing Director to provide evidence could potentially lead to further scrutiny of the company's practices.

Market Outlook

As the situation unfolds, stakeholders will likely monitor any developments related to this investigation closely. The outcome of this probe could have potential implications for the company's reputation and future strategies.

Investors and market watchers will be keen to see how RDB Infrastructure & Power navigates this regulatory challenge and whether it will affect the company's operations or market position in the coming period.

Historical Stock Returns for RDB Real Estate Construct

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+3.07%-18.92%+3.14%+955.39%+955.39%
RDB Real Estate Construct
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