UPSC Prelims Practice Questions — Purvah Green Power, ReNew sign ₹4,859-crore solar deal
Q1. With reference to the corporate structure surrounding Purvah Green Power Pvt. Ltd., consider the following:
1. Purvah Green Power Pvt. Ltd. — a direct subsidiary of CESC Ltd., which is the listed flagship power utility of the RP-Sanjiv Goenka Group
2. The six special purpose vehicles being acquired — will become step-down subsidiaries of CESC Ltd. once the transaction closes
3. The consideration payable for the 1.4 GWp operating solar portfolio — being funded by ReNew Energy Global plc, the seller's listed parent
4. Purvah Green Power Pvt. Ltd. — the vehicle through which the group is building towards a 10 GW renewable energy platform
Which of the above is/are correctly identified?
- Purvah Green Power Pvt. Ltd. — a direct subsidiary of CESC Ltd., which is the listed flagship power utility of the RP-Sanjiv Goenka Group
- The six special purpose vehicles being acquired — will become step-down subsidiaries of CESC Ltd. once the transaction closes
- The consideration payable for the 1.4 GWp operating solar portfolio — being funded by ReNew Energy Global plc, the seller's listed parent
- Purvah Green Power Pvt. Ltd. — the vehicle through which the group is building towards a 10 GW renewable energy platform
- A. 1 and 3 only
- B. 2, 3 and 4 only
- C. 1, 2 and 4 only
- D. 1, 2, 3 and 4
Q2. Purvah Green Power Pvt. Ltd. became a subsidiary of CESC Ltd. by virtue of which one of the following?
- A. CESC Ltd.'s acquisition of a 64 per cent equity stake in Purvah for about ₹205 crore in 2024
- B. CESC Ltd.'s acquisition of a 26 per cent equity stake in Purvah for about ₹205 crore in 2021
- C. A share purchase agreement transferring 100 per cent of Purvah's equity to CESC Ltd. in 2026
- D. A court-approved demerger of CESC Ltd.'s distribution undertaking into Purvah in 2024
Q3. With reference to the ReNew group, consider the following:
1. ReNew Energy Global plc — the group's listed holding entity, quoted on the New York Stock Exchange
2. Sumant Sinha — Founder, Chairman and Chief Executive Officer of the listed entity
3. RMG Acquisition Corporation II — the special purpose acquisition company through whose business combination the group went public
4. Rajasthan and Gujarat — the States hosting the group's solar module and solar cell manufacturing plants
Which of the above is/are correctly identified?
- ReNew Energy Global plc — the group's listed holding entity, quoted on the New York Stock Exchange
- Sumant Sinha — Founder, Chairman and Chief Executive Officer of the listed entity
- RMG Acquisition Corporation II — the special purpose acquisition company through whose business combination the group went public
- Rajasthan and Gujarat — the States hosting the group's solar module and solar cell manufacturing plants
- A. 1, 2 and 3 only
- B. 2, 3 and 4 only
- C. 1 and 4 only
- D. 1, 2, 3 and 4
Q4. Which one of the following statements about ReNew Energy Global plc is correct?
- A. It became a publicly traded company through a business combination with a special purpose acquisition company rather than through a conventional initial public offering
- B. It is listed exclusively on Indian stock exchanges and is barred from holding any renewable generation assets outside India
- C. Its entire contracted clean energy portfolio consists of solar generation, with no wind or battery energy storage assets whatsoever
- D. It is a central public sector enterprise functioning under the administrative control of the Ministry of New and Renewable Energy
Q5. Which one of the following correctly describes the power off-take arrangements of the 1.4 GWp operating solar portfolio being acquired by Purvah Green Power?
- A. More than 90 per cent of the capacity is tied up with the Solar Energy Corporation of India under long-term power purchase agreements, and the balance with Karnataka distribution companies
- B. The entire capacity is tied up with the Solar Energy Corporation of India under long-term power purchase agreements, with no State distribution company off-take at all
- C. The entire capacity is tied up with Karnataka distribution companies under long-term power purchase agreements, with no central intermediary procurer involved
- D. The whole portfolio is sold exclusively on power exchanges on a day-ahead merchant basis, no long-term power purchase agreement having been signed for it
Q6. Which one of the following correctly states the enterprise value of the Purvah Green Power–ReNew Solar Power transaction and the outer date set for its completion?
- A. ₹4,859 crore, with completion targeted on or before 31 October 2026
- B. ₹4,859 crore, with completion targeted on or before 31 March 2027
- C. ₹17,200 crore, with completion targeted on or before 31 October 2026
- D. ₹2,050 crore, with completion targeted before the close of calendar year 2027
Q7. With reference to the Solar Energy Corporation of India (SECI), consider the following statements:
1. It is a central public sector undertaking under the administrative control of the Ministry of New and Renewable Energy and is that Ministry's primary implementing agency for renewable energy schemes.
2. It was set up in 2011 and was accorded Miniratna Category-I status in 2023.
3. It holds a Category-I electricity trading licence, which permits it to trade power from projects set up under the schemes it implements.
4. It selects renewable energy developers through tariff-based competitive bidding, but is barred from entering into back-to-back power sale agreements with State distribution companies.
Which of the statements given above is/are correct?
- It is a central public sector undertaking under the administrative control of the Ministry of New and Renewable Energy and is that Ministry's primary implementing agency for renewable energy schemes.
- It was set up in 2011 and was accorded Miniratna Category-I status in 2023.
- It holds a Category-I electricity trading licence, which permits it to trade power from projects set up under the schemes it implements.
- It selects renewable energy developers through tariff-based competitive bidding, but is barred from entering into back-to-back power sale agreements with State distribution companies.
- A. 1, 2 and 3 only
- B. 1 and 4 only
- C. 2, 3 and 4 only
- D. 1, 2, 3 and 4
Q8. The Category-I electricity trading licence held by the Solar Energy Corporation of India was granted by which one of the following?
- A. The Central Electricity Regulatory Commission
- B. The Central Electricity Authority
- C. The Appellate Tribunal for Electricity, New Delhi
- D. The State Electricity Regulatory Commission of the host State
Q9. The takeover of the independent power producer and operations-and-maintenance businesses of Wind World (India) by the Inox Neo Energies–Authum consortium in 2026 was given effect through approval of a resolution plan by which one of the following?
- A. The Ahmedabad Bench of the National Company Law Tribunal
- B. The New Delhi Bench of the National Company Law Appellate Tribunal
- C. The Competition Commission of India acting through its combination approval route
- D. The Central Electricity Regulatory Commission acting on the licensee's transfer application
Q10. Consider the following pairs of acquirer and acquired renewable energy asset reported in 2026:
1. Purvah Green Power Pvt. Ltd. — a 1.4 GWp operating solar portfolio held in six special purpose vehicles of ReNew Solar Power Pvt. Ltd.
2. Aditya Birla Renewables Ltd. — Solenergi Power Pvt. Ltd., the holding company of the Sprng Energy group, bought from Shell Overseas Investment BV
3. The consortium of Inox Neo Energies Ltd. and Authum Investment & Infrastructure — the independent power producer and operations-and-maintenance businesses of Wind World (India)
4. ReNew Energy Global plc — the Sprng Energy group, bought from Shell Overseas Investment BV at an enterprise value of about ₹17,200 crore
Which of the above is/are NOT correctly matched?
- Purvah Green Power Pvt. Ltd. — a 1.4 GWp operating solar portfolio held in six special purpose vehicles of ReNew Solar Power Pvt. Ltd.
- Aditya Birla Renewables Ltd. — Solenergi Power Pvt. Ltd., the holding company of the Sprng Energy group, bought from Shell Overseas Investment BV
- The consortium of Inox Neo Energies Ltd. and Authum Investment & Infrastructure — the independent power producer and operations-and-maintenance businesses of Wind World (India)
- ReNew Energy Global plc — the Sprng Energy group, bought from Shell Overseas Investment BV at an enterprise value of about ₹17,200 crore
- A. 1 and 2 only
- B. 3 only
- C. 4 only
- D. 2 and 4 only
Q11. As on 31 March 2026, India's installed solar power capacity and total installed non-fossil fuel based capacity were respectively closest to which one of the following?
- A. 150 GW of solar, out of about 283 GW of non-fossil capacity
- B. 132 GW of solar, out of about 283 GW of non-fossil capacity
- C. 275 GW of solar, out of about 283 GW of non-fossil capacity
- D. 56 GW of solar, out of about 283 GW of non-fossil capacity
Q12. Part of the solar capacity being acquired by Purvah Green Power is contracted with Karnataka's distribution companies. Consider the following pairs of Karnataka electricity supply company and the region it serves:
1. Bangalore Electricity Supply Company (Bescom) — Bengaluru region
2. Hubli Electricity Supply Company (Hescom) — Hubballi region
3. Gulbarga Electricity Supply Company (Gescom) — Mysuru region
4. Mangalore Electricity Supply Company (Mescom) — Mangaluru region
Which of the above is/are correctly identified?
- Bangalore Electricity Supply Company (Bescom) — Bengaluru region
- Hubli Electricity Supply Company (Hescom) — Hubballi region
- Gulbarga Electricity Supply Company (Gescom) — Mysuru region
- Mangalore Electricity Supply Company (Mescom) — Mangaluru region
- A. 1, 2 and 4 only
- B. 1 and 3 only
- C. 2, 3 and 4 only
- D. 1, 2, 3 and 4