Enviro Infra acquires Bihar BESS SPV with phased stake buy
Enviro Infra Engineers Limited (EIEL) has announced that its wholly owned subsidiary, EIE Renewables Private Limited, has entered into a Share Purchase and Options Agreement to acquire PRA Bihar Bess Private Limited, a special purpose vehicle (SPV) developing a battery energy storage system (BESS) project in Bihar. Under the agreement dated April 21, 2026, EIE Renewables has acquired an initial 49% equity stake. The remaining 51% is to be acquired within 60 days after the…