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Adani Green Energy completes acquisition of 100% stake in 3 entities

11 Oct 2022 Evaluate

Adani Green Energy (AGEL) has completed acquisition of 100% equity share capital of 3 entities namely, Wind One Renergy (WORL), Wind Three Renergy (WTRL) and Wind Five Renergy (WFRL) (WORL, WTRL and WFRL are hereinafter collectively referred to as Target Entities) from Inox Green Energy Services (IGESL), each housing 50 MW operational wind power projects. AGEL's portfolio of renewable generation capacity in India, currently stands at 20.43 GWac with 6.72 GWac operational projects and balance 13.71 GWac in development stage.

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

Peers
Company Name CMP
NTPC 328.10
Tata Power 362.00
Adani Power 203.35
Power Grid Corpn. 264.55
Adani Energy Solut. 1353.00
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