Adani Green Energy incorporates wholly owned subsidiary for Solar Energy Projects

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses today, Adani Green Energy Ltd said of having incorporated Solar Energy projects company.

The Company has incorporated a Wholly-owned Subsidiary Company “Adani Saur Urja (KA) Limited (ASUKAL)” on 11th September, 2018, the filing read.

The subsidiary has been incorporated with intent for Generating Electricity from Renewable Energy and to undertake business of generation of electricity from Renewable sources of energy.

ASUKAL is incorporated with Authorised & Paid-up Share Capital of 100,000 rupees, in India and Registered with Registrar of Companies, Gujarat at Ahmedabad on 11th September, 2018 and is yet to commence its business operations.

The announcement from the company of having incorporated subsidiary for renewable and solar energy projects purpose had hit the exchanges in India, after the trading session on the Indian Bourses ended.


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