Adani Energy Solutions Merger & Restructuring Worth ₹0.05 Cr
Adani Energy Solutions incorporated a new wholly-owned subsidiary, Arasan Step V Limited, for electricity-related business, with a cash investment of Rs. 0.05 Crore.
- Value
- ₹0.05 Cr
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Adani Energy Solutions incorporated a new wholly-owned subsidiary, Arasan Step V Limited, for electricity-related business, with a cash investment of Rs. 0.05 Crore.
Adani Energy Solutions Ltd incorporated eight new wholly owned subsidiaries, Arasan Step V to XII, for electricity business activities with an aggregate investment of ₹0.40 Crore.
Adani Energy Solutions has acquired a 100% stake in Vizag Power Transmission Limited for ₹0.05 Crore. The acquisition facilitates power supply for Green Hydrogen projects in Vizag.
Adani Energy Solutions Limited has executed a Share Purchase Agreement to acquire 100% equity in Vizag Power Transmission Limited. The target company facilitates power supply for local Green Hydrogen projects.
Adani Energy Solutions incorporated seven new wholly-owned subsidiaries for electricity generation and distribution. The total capital infusion for these entities is ₹0.35 Crore.