Earlier in the day, the company had said Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd ...

The closing of the transaction is subject to customary conditions. The acquisition of the project is at an enterprise valuation of Rs 219 c...

The acquisition marks the first operational portfolio acquisition by AGEL. The company had earlier announced the execution of definitive ag...

Adani Group had signed an agreement in August this year to acquire the 205 MW of operational solar assets for Rs 1,300 crore. Essel Group’s...

The green channel concept allow for an automatic system for speedy approval for certain categories of merger and acquisitions.

The Essel Group had an overall debt of around Rs 16,000 crore as of March 2019.

The solar assets have long term Power Purchase Agreements (PPAs) with various state electricity distribution companies, Essel Group said.

Indebted group is looking to sell operational solar portfolio to Adani for Rs 3,000 crore.

The development comes a little less than three months after Essel Green Mobility invested Rs 300 crore in ZipGo Technologies, in August ear...

In December 2016, the startup had raised $6 million in funding, in a round led by Ventureast and Omidyar Network.

The operations will start from Ghaziabad and cover other cities, including Lucknow, Kanpur, Agra, Noida, Meerut and Varanasi.

The company is aiming to increase its share in green energy through construction of massive solar projects in Uttar Pradesh, Odisha and Kar...

The Odisha project is the biggest that Essel Green Energy has won and is larger than its entire current solar portfolio of 225 MW across 12...

Essel Green Energy, owns 160 MW of solar IPP assets in four states, of which, 110 MW is operational and 50 MW is currently under execution.

The project, spanning 250 acres land at Kuhana and Shajahanpur villages in Jalaun district, is expected to generate 85 million units of pow...

The Consortium also signed another Memorandum of Understanding (MoU) with the government for setting up a Smart Industrial Park in the Stat...

Diversified conglomerate Essel Group today said it has formed a 50:50 joint venture (JV) with the Rajasthan government to set up solar park...