Adani Green Energy announces incorporation of step-down subsidiaries
Adani Green Energy Ltd on Thursday announced that its subsidiary, Adani Saur Urja, has incorporated its wholly-owned subsidiary, Adani Renewable Energy Fifty One Ltd. Its other subsidiary, Adani Renewable Energy Holding Nine Ltd, has also incorporated Adani Renewable Energy Fifty Five Limited.
“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,” the company said in an announcement on Thursday.
