Adani Green Energy Limited (AGEL), a leader in renewable energy, has announced the incorporation of two wholly-owned subsidiaries, Adani Hydro Energy Two Limited (AHE2L) and Adani Hydro Energy Three Limited (AHE3L). These subsidiaries were established under Adani Saur Urja (KA) Limited, a wholly-owned arm of AGEL, on November 27, 2024.
Key Details:
- Capital and Operations: Both AHE2L and AHE3L are registered with an authorized and paid-up capital of ₹1,00,000 each and are in the process of initiating operations.
- Focus Area: These entities will focus on generating, developing, and distributing power through renewable energy sources like wind and solar energy.
- Control and Ownership: Adani Saur Urja (KA) Limited holds a 100% shareholding in both subsidiaries.
- Objects: The main objective of AHE2L and AHE3L is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy
TOPICS:
Adani Green Energy