Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure Updated On Mon, Oct 9th, 2017 by Saurenergy The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […] Read more
Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more
Storage-linked Solar Power to Reach 5 kWh by 2022 Updated On Mon, Jan 23rd, 2017 by Saurenergy Renewable Energy like solar power is available for half the cost, and can reach 5 kWh by 2022. Renewable Energy like solar power with storage is already available at half the cost, compared with power from diesel-run generators, according to industry watchers. Vikram Kailas, Managing Director and CEO, Mytrah Energy, told BusinessLine: “We are probably […] Read more
