Adani Green Energy Limited (AGEL) has established a new subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), to expand its renewable energy portfolio. The subsidiary is focused on generating and distributing energy from wind and solar power. AGE68L is registered in Ahmedabad, Gujarat, and is entirely owned by Adani Renewable Energy Holding Nine Limited, a wholly-owned subsidiary of AGEL. The company has authorized and paid-up capital of ₹1,00,000. Although operational turnover has not begun, the creation of AGE68L demonstrates AGEL’s commitment to renewable energy and its strategy to explore new opportunities in the sector. The subsidiary’s primary objective is to generate, distribute, transmit, and supply energy derived from renewable sources. The initiative aligns with AGEL’s broader vision of advancing clean energy solutions in India.
Adani Green Energy Unveils AGE68L, Expanding Its Portfolio in Solar and Wind Energy Sectors
by Team Small News | Dec 31, 2024 | Adani Green Energy | 0 comments