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March 18,2026

Purvah Green Withdraws ₹5750 Crore GVK Energy Bid

Purvah Green, part of the RP Sanjiv Goenka Group, has withdrawn its ₹5,750 crore resolution plan for GVK Energy, citing uncertainties due to the ongoing West Asia conflict. The move reflects a broader strategy shift focused on cost rationalisation and investment realignment. GVK Energy’s key asset is the 330 MW Shrinagar hydro project.

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