Oriana Power Limited Incorporates Wholly Owned Subsidiary, BLUEPLANET ENERGY
Oriana Power Limited has announced the incorporation of a new subsidiary, BLUEPLANET ENERGY PRIVATE LIMITED. The subsidiary was incorporated on April 07, 2026, and Oriana Power Limited received the Certificate of Incorporation on April 17, 2026.BLUEPLANET ENERGY PRIVATE LIMITED has been established as a Wholly Owned Subsidiary of Oriana Power Limited. The company's operational scope is focused on the generation and distribution of power, with diverse interests spanning renewable energy solutions and specialized industrial equipment.
Subsidiary Structure and Capitalization
Oriana Power Limited holds a 100% stake in the new entity. The financial structure of BLUEPLANET ENERGY PRIVATE LIMITED is as follows:| Detail | Value |
|---|---|
| CIN | U35101DC2026PTC470272 |
| Authorized Capital | Rs. 100,000/- (Rs. One lakh only) |
| Equity Shares | 10,000 shares of Rs. 10/- each |
| Turnover Status | Nil (Yet to commence business operations) |
| Country of Incorporation | India |
The consideration for the acquisition was structured as a cash consideration, with the cost of acquisition being 100% initial subscription to the share capital by Oriana Power Limited.
Core Business Objectives
The subsidiary's business objectives are multi-faceted, covering the entire power sector value chain. The main objects of BLUEPLANET ENERGY PRIVATE LIMITED include:- Power Generation and EPC: Generating power, executing Engineering, Procurement, and Construction (EPC) for power projects, and carrying out operation and maintenance of power projects. The company will also provide consultancy services in the field of processing, operation, and maintenance of power projects.
- General Supply: Functioning as a general electric power supply company by constructing, laying down, establishing, fixing, and carrying out necessary power stations, cables, wires, lines, and accumulators to distribute and supply electricity to both public and private entities.
- Trade and Commerce: Engaging in the processing, buying, selling, exchanging, altering, improving, importing, or exporting various goods and services. This includes electrical appliances, energy devices, solar energy products, gadgets, and specialized equipment for defense, Railways, telecommunications departments, civil aviation, and banks.
ORIANA Stock Price Movement
On Friday, Oriana Power Limited shares edged higher to close at ₹2189.1, gaining 4.57% on the day. The stock traded on 90,675 shares, testing a high of ₹2209.15 while finding support during the session at ₹2075.1.Source:
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