EQT scraps Zelestra India sale, brings in O2's Parag Sharma to lead $600 mn push

The alternative asset manager will carve out Zelestra India as a separate company and plans to develop it on the lines of O2 Power, which was sold to JSW Group last December.

Oct 12, 2025 5

EQT scraps Zelestra India sale, brings in O2's Parag Sharma to lead $600 mn push
The alternative asset manager will carve out Zelestra India as a separate company and plans to develop it on the lines of O2 Power, which was sold to JSW Group last December.
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