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Samvardhana Motherson to Acquire Onega Solar’s 15 MW Group Captive Project

The company will acquire a 100% stake in IB Energy PTE for ₹13.19 million

November 14, 2025

/ Arjun Joshi
/ Finance and M&A, Solar
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Noida-based automotive component manufacturer Samvardhana Motherson International’s board of directors has approved the acquisition of Onega Solar, a special purpose vehicle created to build a 15 MW group captive solar project in Uttar Pradesh.

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Arjun Joshi

More articles from Arjun Joshi.
Captive ProjectOnega SolarSamvardhana MothersonUttar Pradesh
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