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[BUSINESS] · India · 2 sources

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Adani Green Energy incorporates subsidiaries to expand solar and wind projects

Adani Green Energy Limited (AGEL) announced the incorporation of new step‑down subsidiaries focused on renewable power generation and related infrastructure. The entities will develop solar, wind, hybrid and other clean‑energy projects, aiming to strengthen AGEL's presence in India's green‑energy landscape.

The move aligns with the company's long‑term strategy to accelerate renewable capacity and support India's push toward non‑fossil fuel targets. Industry analysts say the subsidiaries should improve operational flexibility, project execution and investment management for future ventures.

AGEL continues to expand its portfolio across multiple states with large‑scale solar parks, wind farms and integrated projects, contributing to the country's carbon‑reduction and energy‑security goals.