"Prerana" eyeing acquisitions

Prerana Energy Corporation Private Limited, an energy enterprise, based out of Karnataka, is actively looking for acquisitions to push its expansion plans.

The company, which focuses on power production from renewable energy resources in India, is interested in diversifying its portfolio. The potential buys include smaller energy companies listed on the Indian competitive market.

We're keen to continue growing strongly and organically but we're definitely looking for more acquisitions that have immediate revenue stream. We're always looking but recently we have doubled our efforts and have a couple of businesses which we're currently looking to buy. We would like to acquire a business by the end of 2013 but it's definitely hard to find the right match.

July 9, 2013
Publisher: Editor