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. Â The objective of Adani Ecogen Seven is to generate, develop, transmit, distribute and supply electricity using renewable energy sources, including solar and wind power.