AGEL establishes four subsidiaries in step-down structure

Adani Green Energy Limited  (AGEL) has established four step-down subsidiaries i.e Adani Renewable Energy Sixty, Adani Renewable Energy Sixty Two, Adani Renewable Energy Sixty Three, and Adani Renewable Energy Sixty Four.

Each of these entities has an authorised and paid-up share capital of Rs 0.1 million The primary objective of these new entities is to engage in the generation, development, transformation, distribution, transmission, sale, and supply of power or electrical energy through various renewable sources, including wind and solar.