EIH has made an investment of Rs 2.67 crore for acquisition of 26% stake in TP Varun, a subsidiary of Tata Power Renewal Energy, pursuant to the requirement of the Electricity Act, 2003 and the Electricity Rules, 2005 which mandates the captive user(s) must hold at least 26% of the equity share capital in the Special Purpose Vehicle (SPV) that owns the power plant. The company has entered into Power Delivery Agreement and Share Purchase Agreement with TP Varun. 

The investment will enable the company to procure dedicated renewable electricity supply for its hotel operations while achieving cost savings and supporting sustainability and ESG goals. The acquisition has been completed on April 1, 2026.

EIH is primarily engaged in owning and managing premium luxury hotels and cruisers under the luxury ‘Oberoi’ and ‘Trident’ brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters.