India is set for an ANIL, Ambani revolution
Billionaire Gautam Adani-led Adani Group has floated a new subsidiary ANIL (Adani New Industries Ltd) which will handle and operate its renewable energy (RE) business. ANIL and Mukesh Ambani’s Reliance Industries NSE 0.62 % are set to change the Indian RE sector.
All about ANIL
Short for Adani New Industries Ltd, the new subsidiary of Adani Enterprises will undertake the business of developing and operating projects for the synthesis of low carbon fuels and chemicals, generation of low carbon electricity and the manufacture of key components/material for projects including generation of green hydrogen, related downstream products, electricity generation, manufacture of wind turbines.
