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Adani Enterprises incorporates subsidiary company

27 Dec 2018 Evaluate

Adani Enterprises has incorporated a subsidiary company namely - ‘Prayagraj Water’ on December 26, 2018. The Joint Venture company is incorporated by Adani Enterprises (74%) and Organica Technologies- Hungary (26%) for development & rehabilitation of Sewage Treatment Plants and its associated infrastructure on HAM mode basis at Allahabad/Prayagraj. The incorporated company is yet to commence its business operations.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

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