MoneyWorks4Me

Adani Green Energy acquires 51% stake of Kodangal Solar Parks

14 Jan 2019 Evaluate

Adani Green Energy (AGE) has acquired 51% equity share capital of Kodangal Solar Parks (KSPPL) from FS India Devco for about Rs 1.69 crore. With this acquisition, KSPPL has become wholly-owned subsidiary of the company.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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