Adani Green Energy establishes new subsidiary for renewable energy projects
Author: PPD Team Date: 26/11/2024
Author: PPD Team Date: 26/11/2024
Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited.
Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000.
AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.
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Author: PPD Team Date: 20/01/2025 Reliance Industries Limited will acquire a 100% equity stake in Lakadia B Power Transmission from REC Power Development and Consultancy Limited (RECPDCL) for Rs 80 million. The acquisition aims to develop an interstate transmission system (ISTS) to evacuate up to 3.5 GW of renewable energy from Lakadia, Gujarat. The transmission system will be designed to augment the transformation capacity at the 765/400 kV Lakadia substation under Part B of the…
Author: PPD Team Date: 06/12/2024 The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra. The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs. Additionally, it aims to aggregate demand across sectors…