Adani Green sets up three subsidiaries

Adani Renewable Energy Holding Four has established three new subsidiaries for its renewable energy business. In a statement, Adani Green Energy said that Adani Renewable Energy Holding Four is its own subsidiary and the newly created entities are its retiring subsidiaries.

“Adani Renewable Energy Holding Four has established 3 new subsidiaries. The main purpose of the new subsidiaries is to generate, develop, transform, distribute, transmit, sell, supply any form of power or electrical energy using wind energy, solar energy or other renewable energy sources," he says.

The names of three new subsidiaries are Adani Renewable Energy Thirty Six, Adani Renewable Energy Forty and Adani Renewable Energy Forty Seven.

The subsidiaries were incorporated and registered with the Registrar of Companies, Gujarat in Ahmedabad on October 3, 2022, and are yet to commence their business activities.

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