Adani Green Energy Limited has incorporated a new step-down subsidiary, Adani Ecogen Seven Limited (AE7L), to undertake renewable power generation activities.
AE7L has been incorporated through Adani Renewable Energy Holding Eleven Limited, a wholly owned subsidiary of Adani Green Energy, which holds 100 per cent equity in the new entity. The company is yet to commence business operations. The objective of Adani Ecogen Seven is to generate, develop, transmit, distribute and supply electricity using renewable energy sources, including solar and wind power.