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History of the Company


•            Incorporated on 28th February 1995 in United Andhra Pradesh.

•            Awarded a 20 MW Power Project at Port Blair under BOOM basis in 1995.

•            Equity partners included M/s Caterpillar Power Ventures International Mauritius Ltd and M/s BSES Limited.

•            Listed on BSE in 2007.

•            Admitted into NCLT in 2018 due to non-receipt of receivables; trading subsequently suspended on BSE platform.

•            Acquired as an ongoing concern in 2023 by Reddy Investments Private Limited; active on MCA portal from March 2025.

•            Plans underway to raise further equity via preferential allotment and offer for sale.

•            Eligible to receive Rs. 550 Crs contingent receivables from Andaman & Nicobar administration (case listed with APTEL).

•            Revocation of suspension on BSE for trading of shares is under process.



 
     
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