Adani Green Energy arm incorporates subsidiary for RE business

Adani Renewable Energy Holding Nine Ltd has formed a wholly owned subsidiary which would operate in the renewable energy space
Alt="Adani"
Adani Green Energy arm incorporates subsidiary for RE businessPSU Watch
Published on

New Delhi: Adani Renewable Energy Holding Nine Ltd has formed a wholly owned subsidiary which would operate in the renewable energy space, according to a filing.

PSU Watch is now on Whatsapp Channels. Click here to join

Adani Green Energy Sixty Nine Ltd (AGE69L) has been incorporated on Friday by its wholly-owned subsidiary Adani Renewable Energy Holding Nine at Ahmedabad, Adani Green Energy Limited (AGEL) said in an exchange filing.

Alt="Adani"
Adani Green Energy's arm commissions 250 MW solar project

The main objective of AGE69L is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy, the filing added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com