Adani Green crosses 12 GW

Adani Renewable Energy Holding Nine Limited (AREH9L), a subsidiary of the Adani Group, has signed a share subscription and shareholders’ agreement (SSSHA) with Adani Renewables Energy Three Limited and DC Development Noida Limited to facilitate a captive power arrangement.  As part of the agreement, DC Development Noida Limited will acquire a 26 per cent stake in Adani Renewables Energy Three Limited to meet the minimum captive shareholding requirement under captive power rules.  Meanwhile, Adani Green…