Adani Renewable Energy Holding Four sets up two arms

Adani Green Energy Limited’s arm Adani Renewable Energy Holding Four Limited has incorporated two new subsidiaries.

These two subsidiaries are Adani Renewable Energy Forty Four Limited (ARE44L) and Adani Renewable Energy Forty Eight Limited (ARE48L). The main objective of the new subsidiaries is to generate, develop, transform,  distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy. New subsidiaries are yet to commence their business operations.