GMR Energy Incorporates GMR Kalinga Solar Power Subsidiary
Filing Summary
GMR Energy Limited, a wholly owned subsidiary of GMR Power and Urban Infra Ltd, has incorporated a new subsidiary, GMR Kalinga Solar Power Limited (GKSPL). The new entity is established with a paid-up capital of Rs. 1 lakh. GKSPL will focus on developing a solar power project with a capacity of 10 MW in Kamalanga, Odisha. The incorporation does not fall under related party transactions, and GMR Energy Limited holds 100% ownership. The subsidiary is yet to commence operations, with no governmental approvals required for its establishment.
GMR Energy Limited, a wholly owned subsidiary of GMR Power and Urban Infra Ltd, has incorporated a new subsidiary named GMR Kalinga Solar Power Limited (GKSPL). The incorporation was completed on November 22, 2025. GKSPL is established as a wholly owned subsidiary of GMR Energy Limited, with a paid-up capital of Rs. 1 lakh. The new entity is set to focus on the renewable energy sector, specifically in the generation and transmission of solar power.
The financial structure of the incorporation involves a paid-up capital of Rs. 1 lakh. The shares of GKSPL are fully owned by GMR Energy Limited, ensuring complete control over the new subsidiary. The incorporation was executed through a subscription to the Memorandum of Association of GKSPL. There are no related party transactions involved in this incorporation, and the promoter group does not have any additional interest in GKSPL beyond its status as a wholly owned subsidiary.
The operational focus of GMR Kalinga Solar Power Limited is on the development of a solar power project. The project is planned to have a capacity of 10 MW, with a peak capacity of 14 MWp, located in Kamalanga, Odisha. This initiative aligns with the broader industry trend towards renewable energy, particularly solar power, which is gaining traction as a sustainable energy source. The subsidiary is yet to commence business operations, and no specific technical specifications or deliverables have been detailed in the filing.
The incorporation of GKSPL does not require any governmental or regulatory approvals, as it is a straightforward establishment of a new subsidiary by GMR Energy Limited. The timeline for the commencement of operations or project milestones has not been specified in the filing. The focus remains on setting up the infrastructure necessary for the solar power project in Odisha.
GMR Energy Limited, as the parent company, holds 100% of the shares in GMR Kalinga Solar Power Limited. This complete ownership allows GMR Energy to direct the strategic and operational decisions of the new subsidiary. The incorporation of GKSPL is part of GMR Energy’s strategy to expand its footprint in the renewable energy sector, particularly in solar power generation.
GMR Power and Urban Infra Ltd focuses on infrastructure development, including energy and urban infrastructure projects. The company is involved in various sectors, including airports, energy, transportation, and urban infrastructure. Its strategic priorities include expanding its presence in the renewable energy sector and enhancing its infrastructure capabilities to support sustainable development initiatives.