Adani Green Energy forms step-down arms

Share

Adani Green Energy announced this week the incorporation of two step-down subsidiaries. The company’s arm Adani Saur Urja has incorporated a wholly-owned subsidiary, Adani Renewable Energy Fifty One. Its sister arm, Adani Renewable Energy Holding Nine, has incorporated Adani Renewable Energy Fifty Five.

“The main objective of the new subsidiaries is to generate, develop, transform, distribute, transmit, sell, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy,” stated the company.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Will Indian solar manufacturers go back-contact to the future?
08 October 2024 Indian PV manufacturers are looking beyond tunnel oxide passivated contact (TOPCon) solar. Back-contact (BC) devices are an enticing prospect but many...