Adani Green Energy Ltd Incorporates Two Wholly-Owned Subsidiaries for Renewable Energy Generation

Adani Green Energy Ltd, a leading player in the renewable energy sector, has incorporated two wholly-owned subsidiaries, Adani Hydro Energy Thirteen Limited (AHE13L) and Adani Hydro Energy Sixteen Limited (AHE16L). These subsidiaries have been incorporated with an authorized capital and paid-up capital of INR 1,00,000 each. The main objective of AHE13L and AHE16L is to generate, develop, transform, distribute, transmit, and sell power or electrical energy using wind energy, solar energy, or other renewable sources of energy. Adani Saur Urja (KA) Limited, a wholly-owned subsidiary of the Company, holds 100% share capital of AHE13L and AHE16L. Both subsidiaries are incorporated in India and are yet to commence their business operations.