Orient Green Power subscribed to 61,44,490 equity shares in subsidiary Delta Renewable Energy via third preferential tranche for ₹6.14 crore.
Post-allotment, Orient Green Power's 70% stake in Delta Renewable Energy remains unchanged; transaction classified as arm's-length related-party.
Delta has commissioned a 7 MW AC solar project in Tamil Nadu and is developing a 17.6 MW AC solar project under an EPC contract.