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Reliance incorporates two subsidiaries for renewable energy projects

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Reliance Energy Limited (REL), a subsidiary of Reliance Infrastructure Limited, has established two wholly-owned subsidiaries to implement renewable energy (RE) projects in India. The subsidiaries, Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited, will focus on solar and other RE power generation projects, as well as associated transmission and distribution projects.

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Gensol Engineering establishes three wholly-owned subsidiaries

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Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited.  Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.