KBC Global Ltd, a Nashik-based infrastructure and EPC company, has taken a strategic step into the renewable energy sector by incorporating a wholly owned subsidiary, Dharan Infra Solar Private Limited. The development has triggered a 15% rise in the KBC Global share price.
KBC Global share price witnessed a 15% jump in the early session on June 16, after the company announced its foray into the renewable energy sector through the incorporation of a new wholly owned subsidiary. Nashik-based KBC Global Ltd, engaged in infrastructure and EPC services, is now strengthening its footprint in clean energy through this strategic move.
The newly incorporated subsidiary, Dharan Infra Solar Private Limited, will focus on solar and hybrid energy solutions. The Board of Directors approved the incorporation at its meeting held on June 13, 2025. The company aims to align with India’s push for sustainable development and green technology adoption.
Dharan Infra Solar will engage in a wide range of activities related to renewable energy. This includes:
These initiatives are intended to offer end-to-end solutions for solar power infrastructure, incorporating solar photovoltaic technology along with other renewable sources.
In line with this diversification, the company is undergoing a rebranding exercise. KBC Global Ltd will now be known as Dharan Infra-EPC Limited, marking a clear transition toward infrastructure and engineering, procurement and construction (EPC) projects.
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This announcement comes at a time when India is rapidly accelerating its shift towards renewable energy, with government support and rising demand from the private sector. The new subsidiary positions the company to take advantage of emerging market opportunities in both urban and rural areas.
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Published on: Jun 16, 2025, 9:43 AM IST
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