Adani Green Energy Expands with New Renewable Subsidiaries

Adani Green Energy Ltd has established new subsidiaries to enhance power generation via clean energy sources. These entities were set up by the wholly-owned subsidiary Adani Renewable Energy Sixty Four Limited and focus on producing renewable energy. The company continues its commitment to solar, wind, and hybrid solutions.

Adani Green Energy Ltd (AGEL), a notable wing of the Adani Group, on Thursday announced the creation of step-down subsidiaries to augment power generation through clean energy sources.

The development originates from its wholly-owned subsidiary Adani Renewable Energy Sixty Four Limited (ARE64L), as informed by AGEL to the exchanges.

Named ARE64L Step-One Renewable Energy Limited and ARE64L Step-Two Renewable Energy Limited, these entities are tailored to generate and operate power using renewable sources, underpinning AGEL's dedication to sustainable solar, wind, and energy storage solutions.