Sarda Energy Board Approves JV, Hydro Power Acquisition, and Appointment

The board approved a 50:50 JV with Chhattisgarh Investment Ltd for real estate development, investing ₹25 crore to improve returns on property assets.
The board approved the acquisition of a majority stake in a 66 MW hydro power project in Arunachal Pradesh for an enterprise value of ₹25 crore.
The board appointed Mr. Partha Sarthi Dutta Gupta as Executive Director – Power & Corporate Affairs, effective immediately.