Indian billionaire Gautam Adani makes BIG move as Adani Green adds two new…
The main purpose of the two new companies is to produce, develop, convert, distribute, transmit, sell and supply all kinds of electricity or electrical energy using wind energy, solar energy or other renewable energy sources.
indian billionaire Gautam Adani continues to expand his business empire. Now, in the renewable energy space, his company, Adani Green Energy, has acquired two subsidiaries for clean energy production and distribution: AHE13L and AHE16L. It was stated that the main goal of the two new companies is to produce, develop, transform, distribute, transmit, sell and supply all kinds of electricity or electrical energy using wind energy, solar energy or other renewable energy sources.
Adani Green Energy acquired 2 new companies
Adani Green Energy’s wholly owned subsidiary Adani Saur Urja (KA) Ltd (ASUKAL) has acquired its wholly owned subsidiaries Adani Hydro Energy Thirteen (AHE13L) and Adani Hydro Energy Sixteen (AHE16L) in Gujarat, Adani Green Energy said in a filing.
Adani Green Energy Market Value
Adani Green’s market capitalization is 1.67 lakh crore rupees as of November 21. The company’s share price closed at Rs 1,031 on Friday.
