Adani Energy forms subsidiary for Vasai-Virar electricity operations
Adani Energy Solutions Limited has incorporated a wholly owned subsidiary, Adani Electricity Vasai-Virar Limited, to undertake electricity generation, transmission, and distribution activities. The development was disclosed in a regulatory filing to the BSE and NSE on 5 August 2025. The subsidiary has been registered under the Companies Act with an authorised and paid-up capital of Rs 1 lakh each. Adani confirmed that the transaction is not with any related party and is conducted at arm’s…